There is a certain stereotype involved with children growing up in rich families. They are viewed as spoiled, pretentious, and even brats. Though not all wealthy family raise their children to be this way, you see some that fit into this mold. As a parent, you have...
I’m currently spending time with my Ukrainian wife in her hometown of Mariupol, Ukraine. I have recently posted Traveling to Ukraine. Ukraine is an example of what happens when people use what I do (asset protection) to undermine an entire economy. It’s sad. There is...
Life has gotten a whole lot more complicated than it was when I was a child in the 1970’s. My parents had keys to the house, their business, and our boat. They probably had a few other random keys as well. But they didn’t have long lists of passwords to various...
If you want to transfer your assets to a trust (a) so that your money or other assets are protected from creditors and (b) you nevertheless have access to to those assets, you basically have the following options: Option One is to create a trust that names a trust...
The Full Faith and Credit Clause is found at Article IV, Section 1 of the U.S. Constitution. It states: Full Faith and Credit shall be given in each State to the public Acts, Records, and judicial Proceedings of every other State. And the Congress may by general Laws...
I’m 50 years old, but I think I’m turning into a millennial. Keep reading and you’ll see what I mean. My family is in the process of downsizing from a house to an apartment that’s half the size. (This is an update from a previous blog in which I said we were going to...
