Archive for July 6th, 2007

Domestic and Foreign Trust Differences

Friday, July 6th, 2007

The nuts and bolts of a trust are a legal and binding contractual obligation created between two parties enforceable by law to all parties. Generally, the owner or possessor of valuable assets wishes to legally empower another person to control his assets for a specific purpose.The concept of trusts dates ...

Limited Liability Company – LLC – What is it?

Friday, July 6th, 2007

The limited liability company (aka L.L.C. or LLC) is the strongest asset protection devise for your business replacing the sub chapter "S" corporation. The LLC offers limited liability to the owners of a business and, additionally, the limited liability company is approved in all 50 states.The LLC is similar to ...