Archive for June 1st, 2007

Why Most People’s Beneficiaries Will Not Receive Benefits

Friday, June 1st, 2007

Today I am going to talk a little about the problems I see with beneficiary selections on both IRAs and Life Insurance. First lets review exactly what a beneficiary is and the goal of our beneficiaries.The beneficiary provision is supposed to allow for the naming of a primary and ...

Single Member LLC- Charging Order, Creditor Claims, Pass-through

Friday, June 1st, 2007

Recently I've run across some significant issues with the single member LLC's with courts handing down noteworthy judgement decisions in favor of creditors using the theory of "fraudulent transfers" and "civil conspiracy." I ran across two such individuals that have made me more caution on client advice regarding single member ...