Asset Protection

Personal and corporate assets are the result of hard work and success, sometimes representing a great deal of time and effort. Protecting these assets is the key to ensuring ongoing success and peace of mind. Our systems can teach you the art of asset protection, from basic methods to advanced concepts specifically designed to protect you and your assets from lawsuits.

For you to successfully maintain your assets you must implement a rock solid asset protection plan. This will require a way to manage your assets while maintaining a complete separation between you and the assets themselves. This method works to guard your assets from frivolous lawsuits and other legal actions.

Our legal staff has created a system that employs methods of securing your personal and professional assets from lawsuits that are far too common these days. Protecting your assets in this manner is not a new concept however, until recently, these methods were typically implemented by legal professionals and kept “below the radar” leaving professionals just like you out to dry. Our staff has taken these concepts and made them available to you in several ways. From legal software to simplified forms, we make it far easier to protect yourself and your assets.

Distribution Language

Corporation:

Directors may in their discretion, distribute the profits and/or capital of the corporation pro rata or non-pro rata as they deem advisable. If the Directors make non-pro rata distributions, those distributions shall be taken into account in recalculating each Capital Account at the end of the corporation’s fiscal year.

LLC:

The Members/Managers may in their discretion distribute the profits and/or capital of the LLC business pro rata or non-pro rata as they deem advisable. If the Members/Managers make non-pro rata distributions, those distributions shall be taken into account in recalculating each Members/Managers Capital Account (and/or Drawing Account) at the end of the LLC’s fiscal year.

Partnerships:

The General partners may in their discretion distribute the profits and/or capital of the partnership business pro rata or non-pro rata as they deem advisable. If the General partners make non-pro rata distributions, those distributions shall be taken into account in recalculating each partner’s Capital Account (and/or Drawing Account) at the end of the partnership’s fiscal year.