A recent article in the New York Times provides a reminder of how flexible and versatile limited liability companies have become.
Facebook CEO Mark Zuckerberg and his wife recently announced that they would eventually give away 99% of their shares
A recent article in the New York Times provides a reminder of how flexible and versatile limited liability companies have become.
Facebook CEO Mark Zuckerberg and his wife recently announced that they would eventually give away 99% of their shares…
A “dynasty trust” is a trust that is structured to preserve assets for multiple generations. Assets continue to be held in trust (rather than being distributed directly to beneficiaries). This is not a vehicle to protect your assets from your…
Some states require public disclosure about LLC owners/managers/officers and others do not. Ohio is one of the states that requires no such public disclosure.
But keep in mind that ultimately, a creditor can always discover who the owners and managers…
A front page article by Liz Hoffman in Monday’s Wall Street Journal noted that some companies are convinced Delaware is less of a corporate haven than it used to be. Some companies feel the state has become less hospitable toward…
In 2014, the National Conference of Commissioners on Uniform State Laws adopted several amendments to the Uniform Fraudulent Transfer Act (UFTA). Over 40 states have enacted some form of the UFTA, and most will likely in due course adopt the…
It has been a little more than two years since Ohio became one of the top asset protection jurisdictions in the United States. Many people — including many attorneys–are still not fully aware of this dramatic development. But word is…