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Articles Posted in Asset Protection

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Stimulus Checks Update: How Much? When?

How Much? Here is an updated calculator from Turbotax:  Stimulus Check Calculator  When Will Checks Arrive?   If you signed up for direct deposit on either your 2018 or 2019 tax return, the IRS reportedly will start issuing electronic deposits on April 9 and they should show up in your bank…

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Unable to Fulfill Your Contractual Obligations Due to Covid-19?

By: Jacqueline R. Bowden Gold, Esq. and Phil Rarick, Esq. The Coronavirus has left the US economy in a stand still. It has forced businesses to shut down and events to be cancelled or postponed across the nation – creating significant anxiety for small business owners. During these times, many…

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14 Point Estate and Asset Protection Plan Checklist for An Unprecedented Year: 2020

By Phil Rarick & Jacqueline Bowden Gold, Estate & Business Law Attorneys   ______#1.       Coronavirus Check Calculator.  Here is a simple, handy calculator describing who qualifies for the federal pandemic legislation checks and determines the amount of the check.  Click here:   Coronavirus Checks Calculator When Will Checks Arrive?   Secretary Mnuchin said that…

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Coronavirus Checks Calculator & Relief Package For Small Business

By Phil Rarick & Jacqueline Bowden Gold, Miami Lakes and Weston Business Law Attorneys First, I want to share with you this simple, handy calculator that appeared in the Washington Post describing who qualifies for the federal Pandemic legislation checks and determines the amount of the check. Click here:   Coronavirus…

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Florida Treasure Hunt: Check It Now! Florida Unclaimed Property Law

By Phillip B. Rarick, Esq., Miami Asset Protection Attorney If you have never checked Florida’s website for lost accounts and abandoned property you should do so – immediately. You may be pleasantly surprised! You may think that it is not possible that you have any “unclaimed” property held by the…

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Why Every Attorney Over Age 35 Should Consider an Asset Protection Trust – Now!

By Phil Rarick, Esq. May the odds be with you – but frankly they are not: A recent study indicated that the average lawyer can now expect three legal malpractice claims during his or her career. The overwhelming majority of legal malpractice claims — over 65% — are brought against…

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Your Florida Single Member LLC Is A Fortress – A Sand Castle Fortress!

By Phil Rarick, Esq. The Message.    Apparently the message has not got out:  In 2011, the legislature threw Florida single member LLC’s under the bus.  In a compromise with the bank lobbyists called the Olmstead Patch, multi-member Florida LLC’s (or limited liability companies) were given charging order protection, but…

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8 Point “Porcupine” Asset Protection Strategy

May the odds be with you –but frankly they’re not.    More than 60% of doctors over the age of 55 have been sued at least once, according to a new survey by the American Medical Association (AMA).  Doctors are not the only professionals at risk. Virtually all small business owners…

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10 Point Checklist For Florida Corporate Entities

By Phillip B. Rarick, Miami Lakes and Weston Estate Planning Attorney Note: This 10 Point Checklist is for those persons who have interests in one or more Florida entities, such as a corporation,  limited liability company (LLC),  or  limited Partnership (LP). 1.     Annual Fees.   In January the State of Florida…

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Does A Trust Need to Be Recorded, Filed or Registered in Florida?

Does A Trust Need to Be Recorded, Filed or Registered in Florida? One of the most common questions I get as a Weston estate planning attorney is, do I need to record my living trust? Some persons believe that a trust needs to be publicly recorded like a corporation or…

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