Webinar: Protecting Assets from Personal Guarantees by Jacob Stein, Esq. скачать в хорошем качестве

Webinar: Protecting Assets from Personal Guarantees by Jacob Stein, Esq.

The Covid pandemic has devasted businesses. We have seen restaurants, retailers, beauty spas, shopping centers, commercial property owners and many others either permanently shutting their doors or experiencing significant changes in revenues. Many business owners have signed personal guarantees for their commercial leases or loans, and have either already defaulted or will soon default on the guarantees. The default by the business allows landlords and lenders to pursue the personal assets of the individuals who own the business. Every day we are seeing more and more clients get those calls. We have been protecting our clients’ assets for the past twenty years and have significant experience protecting client assets from personal guarantees following the 2008 recession. In this engaging and very practical presentation we will share with you how to keep assets safe from landlords and lenders holding personal guarantees. We’ll review the applicable substantive law, obstacles to planning (including the Voidable Transfers Act) and focus on effective planning strategies and solutions. Our discussion will include: planning with community property use of domestic and offshore business entities domestic and foreign trusts trigger (bridge) trusts equity strips private retirement plans offshore banking We will also discuss various ways to protect common assets, such as houses, bank and brokerage accounts, businesses and professional practices and retirement plans. About Jacob Stein (Speaker): Jacob Stein, Esq. is an attorney, author and instructor specializing in asset protection, international taxation, and business transactions. He is the author of three published books, 30+ scholarly articles and technical manuals, and the first and only book in print on asset protection planning specific to California residents. He is ranked by Chambers and Partners, has been named ‘A Super Lawyer’ by the Los Angeles Magazine, and is AV rated by Martindale-Hubbell.