The Waltons was a long-running TV show in the 1970’s about a close-knit family that weathered tough times during the Great Depression and World War II. Today, people are more familiar with another set of soft-spoken, family-oriented Waltons, namely those who founded Wal-Mart, the world’s largest retailer. In sharp contrast, the modern day Waltons are… Read More »
Posts Categorized: LLCs
It May Be Time To Add Members To Your Single Member LLC
I’ve written on this blog before about how useful a Limited Liability Company (LLC) can be when protecting your assets as well as Single Member LLCs. A single member LLC is simply an LLC with only one member. Originally an LLC designation was for companies with 2 or more members, but states gradually amended their… Read More »
When Unexpected Tragedies Occur
When unexpected tragedies occur, it can be a sad reminder to everyone that life is fleeting. The recent disaster at the Reno Air Show brought to mind that disasters such as these, that cause death and serious injury to others, do happen. In the case of this most recent aircraft disaster, there are 10 dead… Read More »
Petter Estate Is a Big Victory That Highlights a Great Safety Net Plan
Anne Petter — Modest Teacher and Favorite Niece Anne Petter was a teacher who died in 2008. Her favorite uncle (this distinction may or may not be true) was an early investor in UPS. In 1982, she inherited stock from him. In 2001, she held $22 million worth of UPS stock. At the time, the… Read More »
Asset Protection is Essential for Doctors, Lawyers, and Other Professionals
We all know that there are certain risks that come simply with owning property and building wealth; this is why just about everybody has some kind of insurance coverage, from simple home or auto insurance to more complicated asset protection strategies. But doctors, lawyers, accountants, and other “professionals” carry a different kind of risk; these… Read More »
New Florida Ruling May Affect Single Member LLCs Nationwide
Here at the Law Office of Christine Weiner asset protection is one of our specialties; and one of the tools we commonly employ to help clients protect large assets is the LLC, which offers many options and flexibility. But a new Florida ruling regarding single member LLCs may affect how these entities are created and… Read More »
Out-of-State LLCs Offer Extensive Asset Protection Benefits to California Residents
You work hard to provide for your family—a nice home, college savings account, investments for retirement, an inheritance to leave your children—and finding a way to protect those assets is always important; but in today’s economic climate asset protection is more important than ever, for individuals and business owners alike. According to a recent article… Read More »