Archive for the ‘Asset Protection’ Category

Contrary Advice: Don’t Pay Off Your Debt!

Thursday, December 18th, 2008

I've got to tell you, I'm a little bit sick and tired of the traditional personal finance advice out there that is telling you to pay off your debt and pay down your mortgage.   Insisting that you'll experience financial freedom when you've got 6 months savings in the bank, no one ...

LLC or S-Corp? Which is the Right Entity Form For Your Business?

Thursday, December 11th, 2008

Last week, we talked about what a business entity is and whether you should use one for your business,.. The short answer? Yes, if you want to grow your business and shield your personal assets from your business activities. This week, we'll cover what kind of entity you should use and ...

Are Your Personal Assets at Risk From Your Business?

Monday, December 8th, 2008

Lately, I've had a lot of people asking me whether they should incorporate their business and if so, what form of entity to use. Of course, there is no universal answer. If there was, there'd be only one kind of business entity. Before we talk about what kind of entity is ...

Can’t Pay Your Mortgage? Don’t Pay a Fee For a Loan Modification Until You Read This!

Wednesday, November 26th, 2008

If you are having trouble paying your mortgage or afraid you might be in trouble once your adjustable rate mortgage (ARM) resets, you are probably noticing advertisements all over the place for people or companies claiming they can help you get your loan modified. Before you pay anything to anyone, make ...

Attorney General Brown Breaks Up Foreclosure Scam Ring

Monday, November 24th, 2008

The following is a press release that all homeowners who are facing foreclosure or at risk of not being able to pay their mortgage need to see.  Do not get taken advantage of during this time of trouble!  Yes, you need to see help.  But, make sure that you are ...

Tying the Financial Knot. What to Know Before You Get Married.

Thursday, November 13th, 2008

The day my ex-husband and I combined our finances was far more significant to me than the day we got married.  Marriage was a big party and a piece of paper signed by the County Recorder.  Combining our bank accounts was a much bigger deal. On the day we combined our ...

Getting Divorced? Vital Info Re Your Estate Plan

Thursday, October 30th, 2008

If you've already got an estate plan in place and you are going through a divorce, you've got some steps to take because no matter how you cut it, divorce has a major impact on your estate plan. I hate to tell you that because I know that the last ...

You’ll Kick Yourself If You Miss This: Financial Freedom Opportunity #1 in a Down Market.

Tuesday, October 21st, 2008

Yes, the market is down.  You’ve probably lost a little money.  Maybe a lot.  You’ve heard me talking about opportunities.  Perhaps you’ve wondered what I meant by opportunities. Today, the first of two opportunities you cannot afford to miss in this market downturn. This one is for business owners. Planning Opportunity #1:  Proactive ...