When discussing estate planning, a will is what most people think of first. Indeed, wills have been the most popular method for passing on assets to heirs for hundreds of years. But wills aren’t your only option…
Escrow services are not just meant for the buying and selling of personal real estate, but also commercial real estate, raising funds, business start-ups, and more. An escrow occurs when an Issuer (or Seller) is looking to pool together Investor (or Buyer) funds for a...
by Steven J. Oshins, Esq., AEP (Distinguished) and Neil Schoenblum “The fear of the word ‘irrevocable’ often causes people to fail to act and therefore fail to take advantage of opportunities that are available.” Many of our clients fail to set up irrevocable […]
On April 4, 2012, Governor McDonnell signed into law Senate Bill 11, which added sections 55-545.03:2 and 55-545.03:3 to the Code of Virginia, thereby allowing self-settled spendthrift trusts to be […]
Nationally known estate planning and asset protection attorney Steve Oshins (www.oshins.com) is the creator of the Domestic Asset Protection Trust State Rankings Chart (which can be accessed at […]
As previously discussed, with the passage of Senate Bill 405, Nevada became just one of two states (the other being Wyoming) to extend charging order protection to single member limited liability companies (SMLLCs). Following on the heels of decisions such as […]
In July of 2007, Nevada became the first jurisdiction to extend charging order protection to corporate stock. Now, nearly four-and-a-half years later, Nevada has once again expanded its charging order laws […]
In 1999, Nevada became one of the first states to enact legislation allowing self-settled spendthrift trusts that provide asset protection for settlors. Since then, the Nevada legislature has consistently passed favorable, progressive asset protection and trust laws […]