by Jacob Stein
The only book on asset protection planning specific to California residents. This book is a must read for any Californian who has assets that he wants to keep. Learn how to use limited liability companies, limited partnerships, various trusts, transmutation agreements, sophisticated offshore structures and many other planning tools to protect your home, retirement accounts, investments, rental real estate, business interests, intellectual property and any other asset that is valuable to you. The book focuses largely on California law and planning for California clients, but where appropriate covers the laws of other leading asset protection jurisdictions like Delaware, Nevada, Cook Islands, etc.
In addition to the substantive discussion, this book also takes a revealing look at the practical aspects of asset protection. Is it ever too late to plan? Is it safe to place assets offshore? How to pick the right structure for your client? What really works and what does not. Whenever possible, the author relates client case histories and anecdotes to readily illustrate what works and what does not work. The author is a practicing attorney specializing exclusively in asset protection planning, with many years of experience. He has represented over a 1,000 wealthy clients over the course of his career. He shares his extensive experience and knowledge of the law in an easy to read and understand manner.