ASSET PROTECTION BENEFITS OF AN OFFSHORE LLC MAY BE INTANGIBLE

The recent case of Wells Fargo v. Barber illustrates that holding assets offshore does not necessarily mean that those assets are any better protected from creditor claims. The protection provided by the offshore nature of the asset can be largely dependent on the domicile of the individual who owns the asset. In Wells Fargo v. Barber , a deficiency judgment in the amount of $62,491,162.98 was entered against Sabrina Barber...
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Seminars & Events:

April, 2017 - CELESQ
“An Asset Protection Planning Primer for Estate Planning, Tax and Creditors Rights Lawyers”
Live Web Cast
May 31 – June 1, 2017 - 

SOUTHPAC TRUST OFFSHORE PLANNING INSTITUTE CONFERENCE 2017, “Asset Protection in a Changing World” (31 May 2017) and “Questions & Answer Panel on Industry Challenges to Asset Protection Structures” (1 June 2017)
Las Vegas, Nevada

 

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Contact Information

Barry S. Engel
Email: info@engelreiman.com