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Asset Protection for Business Owners

Ed Arista presented Asset Protection for Business Owners at the Financial Planners Association Annual Meeting. Recommend on Facebook Share on Linkedin Tweet about it Subscribe to the comments on this post

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Just Started Helping Another Green Card Holder…

Just started helping another green card holder who thought he didn’t have to pay taxes just because he was living abroad. The 2011 tax amnesty expires in just a few months… Recommend on Facebook Share on Linkedin Tweet about it Subscribe to the comments on this post

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Proposed Legislation Just Passed Committee

Proposed legislation to “patch” the hole punched into LLC law by a recent, controversial Florida Supreme Court case just passed committee with little opposition. Let’s see what happens when it gets to the floor… Recommend on Facebook Share on Linkedin Tweet about it Subscribe to the comments on this post

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Some LLCs No Longer Safe Haven for Assets

Quoted in the recent DBR article, Some LLCs No Longer Safe Haven for Assets: …Ed Arista said he will continue to alert his clients to change the structure of their holding entities, by [for example] adding another person to the LLC… “But that has to be done very carefully. Once you bring in a second member you need a solid […]

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Supreme Court Decides Single Member LLCs Are Not Asset Protected

In today’s 5-2 decision, the Florida Supreme Court stripped single owner LLCs of their asset protection[1]. This is something that I have been warning clients about since a bankruptcy court in Colorado started a trend toward disregarding single member LLCs for asset protection purposes back in 2003. In order to understand what this means, one must understand more about what […]

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Goodwill Gathering of Attorneys and CPAs

Had fun organizing another Goodwill Gathering of Attorneys and CPAs. Well over 100 professionals mixing, mingling and hopefully establishing positive working relationships. Clients are so much better off when their attorney and CPA are on the same page! Recommend on Facebook Share on Linkedin Tweet about it Subscribe to the comments on this post

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HSBC Foreign Account Holder Data Stolen by Whistleblower

HSBC just announced that data from as many as 24,000 clients was stolen by a former employee who, according to the Wall Street Journal, defended his actions saying that he “felt a civic duty to highlight the bank’s role in alleged tax evasion through offshore accounts.” It is quite possible the this information has or will be obtained and used […]

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