If you are an employer, stop wasting money maintaining and sponsoring a government retirement plan like the 401(k). There are better options that don’t cost you anything to maintain and are better for your employees.
Read MoreLearn how to pay off all of your debt, including your mortgage, in nine years or less, without paying a dollar more than you are currently spending—and build an emergency fund and tax-free retirement at the same time.
Read MoreTo fully protect your assets, you have to plan ahead. And part of that planning includes changing your operating agreement to take full advantage of the built-in charging order protections.
Read MoreIf you are a doctor doing business through an LLC or corporation (or any other single business entity, you may think you are one step closer to protecting your assets from potential litigants. But you really aren’t.
Read MoreDoctors are understood to be insured, have deep pockets, and are responsible for more than just their own actions, so they are frequently a target of litigation.
Read MoreMedical malpractice insurance is a good idea, and is often required for doctors. But there are severe limits to its protection because of the long-lasting and far-reaching effects of being reported to the National Practitioner’s Data Bank.
Read MoreBank-owned life insurance, or BOLI, is a great example of the benefit of having investment grade insurance contracts as part of your investment portfolio. If the institutions handling your money are pouring billions of dollars into it, there’s gotta be something to it, right?
Read MoreDid you know that life insurance contracts are given special treatment in the tax code? That not only are they creditor protected, but they receive favorable tax status by the IRS? In fact, you can use a life insurance contract as a vehicle to invest in anything, tax free.
Read MoreCharging Orders protect businesses from the personal debts of its owners. And Nevada’s charging order protections extend even farther than most states.
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