Asset Protection

Explore a wealth of resources dedicated to safeguarding your wealth and assets through effective legal strategies. This category features informative articles, expert video interviews with attorneys, and detailed explanations of key concepts in asset protection, such as trusts, LLCs, and estate planning. Whether you're an individual or a business owner, you'll find essential insights to help you navigate the complexities of asset protection law.

78 posts

How Are Assets and Debts Divided During a Divorce in California?

September 22, 2024 • By Jack Gilbert

In California, community property is generally split 50/50 in divorce, including most assets and debts acquired during marriage. Separate property typically stays with the original spouse unless it was commingled or transmuted. This article explains what counts as community vs. separate property, how debts are allocated, and common exceptions. Divorce is an emotionally and financially […]

Asset Protection Bankruptcy Attorney

Can I Keep My Car If I File for Bankruptcy with a Lawyer?

September 21, 2024 • By Jack Gilbert

Yes—most filers can keep their car in bankruptcy if they stay current on payments or protect the vehicle’s equity with exemptions. A lawyer can help you choose Chapter 7 vs. Chapter 13 and use tools like reaffirmation, redemption, or a repayment plan to avoid repossession. This article explains the rules, options, and key factors that […]

Asset Protection Bankruptcy Attorney

How Does Filing for Bankruptcy Impact My Spouse According to a Lawyer?

September 16, 2024 • By Jack Gilbert

Filing for bankruptcy can affect your spouse’s credit, liability, and property rights, especially if you share joint debts, co-signed loans, or live in a community property state. While a spouse who doesn’t file may avoid a bankruptcy notation on their credit report, creditors may still pursue them for joint obligations and shared assets may be […]

Asset Protection Business Law

How Do I Draft a Will with Legal Advice?

August 4, 2024 • By Jack Gilbert

You can draft a will with legal advice by completing 7 core steps: inventory assets, choose beneficiaries, appoint an executor, name guardians, sign per state rules, and store it securely. A lawyer ensures the document meets witnessing/notarization requirements and avoids common validity disputes. This article walks through each step, required clauses, and best practices. Drafting […]

Asset Protection Bankruptcy Law

How to Choose Between Chapter 7 and 13 Bankruptcy Lawyers

July 25, 2024 • By Jack Gilbert

Chapter 7 typically wipes eligible unsecured debts in about 3–6 months, while Chapter 13 uses a court-approved repayment plan lasting 3–5 years. The right bankruptcy lawyer depends on your income, assets, and whether you need to catch up on a mortgage or car loan. This article explains what Chapter 7 and Chapter 13 bankruptcy lawyers […]

alimony Asset Protection

How to Navigate Tax Implications When Getting Divorced

July 11, 2024 • By Jack Gilbert

Divorce can change your taxes starting the year your divorce is final—your filing status becomes Single or Head of Household (if you qualify). Post‑2018 divorce decrees generally make alimony non‑deductible to the payer and non‑taxable to the recipient, while child support remains non‑taxable. This article covers filing status, support payments, asset and retirement splits, and […]

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