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Robotech II: The Sentinels, No. 1; Nov. 1988 Asset protection planning is a key measure that can prevent you from being involved in a long, drawn-out legal battle. Judgment Proofing The final straw in any plan to protect assets is this. Asset Protection Limitations – The Fraudulent Transfer Law. The most important limitation and obstacle to Asset Protection Planning is the Fraudulent Transfer Law. This law provides that a debtor cannot transfer assets if the principal reason for the transfer is to prevent present or future creditors from gaining access to these assets.
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Inventing Arguments With MLA Card Planning Tip: Asset protection planning is a complex area of the law. Advisors must be knowledgeable about debtor/creditor laws, fraudulent transfers, tax planning, civil litigation, property laws ... Asset protection planning is a process by which one organizes their financial affairs in such a manner as to safeguard assets from the risk of exposure. The process of asset protection involves transferring the assets from an unprotected form of ownership to a protected form of ownership. download
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