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Hillel Presser
1,038 followers -
Asset Protection Attorney
Asset Protection Attorney

1,038 followers
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In a qualified personal residence trust, the grantor deeds their primary residence to the trust for a number of years.

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In Florida it is wise to have a multi-member limited liability company in order to ensure that a creditor’s only remedy is the charging order.

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A qualified personal residence trust is called the QPRT for short.

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Did you know? That in Florida, creditors can still foreclose on single member limited liability companies.

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How can someone equity-strip a business with a collateralized loan when its credit is poor, its assets have questionable value, or the business cannot afford the interest payments?

Read more on our BLOG

http://www.assetprotectionattorneys.com/Asset_Protection_Blog/2017/February/How_can_someone_equity_strip_a_business_with_a_c.aspx

The qualified personal residence trust is a popular estate planning strategy that can help reduce the size of the grantor’s estate.
#AssetProtection #ThePresserLawFirm

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Kendall Jenner is suing Cutera Inc, a skin care company, for at least 10 million dollars. Lawyers objected to Cutera Inc’s use of Ms. Jenner’s name in advertisements for its Laser Genesis treatment. They further accused Cutera Inc, of trademark infringement, false endorsement and violating Kendall Jenner’s right of publicity.

http://www.huffingtonpost.com/entry/kendall-jenner-skin-care-lawsuit_us_56bcbfe2e4b0c3c550505007
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