Asset Protection in Texas
OutlinePrinciples of Asset Protection deterrence of lawsuits and creditor action exhaustion of your opponent and depletion of his resourcesElements of Asset Protection advance, preemptive planning creating legal barriers to personal liability maximizing anonymity in the public records utilizing homestead and income protections afforded by the Texas Constitution utilizing homestead and personal property protections in the Property Code asset spreading/compartmentalizationBasic Tools of Asset Protection limited liability company (especially the Texas Series LLC) shell management company (a separate, pass-through entity) anonymous land trust assumed name certificates attorney-client privilege more exotic devices, including offshore entitiesIntroductionTexas has ...Continue Reading...
Tags: protection
Negotiate Structured Settlements With Your Creditors
Negotiating structured settlements with your creditors is a simple process, always stay in touch with them and keep a log of all telephone conversations and correspondence from them. Make sure if a settlement is struck with one of your creditors to have the terms in writing before you make any payment, this written confirmation is called a Settlement Letter.In most cases, in order to negotiate structured settlements with creditors a consumer must be at least 90 days behind or delinquent; most original ...Continue Reading...
Tags: Budget, Creditors, Mortgage, Negotiate, refinancing, Settlements, Starting, structured
Structured Settlement Lump Sum – What You Need to Know
When both the lawyer of the defendant and the lawyer of the complainant know how a certain lawsuit will turn out, they strongly recommend their clients to have an agreement outside of the court. Most of the time, it is the lawyer of the defendant who initiates the discussion of this agreement. This is because he knows very well that his client will either face bankruptcy or a huge one-time expense once the ruling of the court is released. The discussion almost ...Continue Reading...
Tags: settlement, structured
Pelvic Injury Settlements
The hip region or the pelvis is very essential to normal everyday mobility, being adjacent to other important organs in the body. Thus, even a simple hip injury can actually cause lots of negative changes to a normal, active life. Having difficulty walking or bending can be more than a minor inconvenience. Although an injury as small as a fracture in the hip may not seem very serious, the effects it causes on the victim can be severe and profound.Effects of hip ...Continue Reading...
Tags: Injury, Pelvic, Settlements
Sell Retirement Payments
Most people spend their lives planning for the future. This is important as old age may prevent people from earning a livelihood. All businesses even have a predetermined retirement age for employees. This means even if a citizen is fit to work, there may not be a place that would him/her. This foresight makes people opt for retirement payments.In most cases, retirement payments in the form of pensions are available from the employer. These payments can also be in the form of ...Continue Reading...
Tags: payments, RETIREMENT
How to Cash Out Structured Settlements
Let us first begin to understand what structured settlements are and what it means to cash out structured settlements. When an individual files a claim through a tort suit for compensation and the defendant and their lawyers feel that the case could go against them they file for structured settlements. This means that they do not have to pay the claimant a lump sum of cash instead they can opt to pay him or her installments of the amount over fixed periods ...Continue Reading...
Tags: Settlements, structured
Choosing a Buyer of Structured Settlement Payments
Are the biggest names or buyer of structured settlement payments the best? It certainly could be the case, depending on your circumstances. Or, are the other big or mid-size brokers better than the ones we all know and hear of?Let's deal with facts!Fact 1: The biggest companies have the bigger overheadFact 2: The bigger companies have a bigger staff (could be good, could be bad)Fact 3. It's fact, you wouldn't want a buyer of structured settlement payments who isn't smart enough to ...Continue Reading...
Tags: Choosing, payments, settlement, structured