Lobb & Plewe Attorneys At Law

August 2020 Archives

Business migration: analysis and perspective

Businesses in California are overwhelmed with employee lawsuits, excessive regulatory constraints, and taxation. The tax concern hits at every level-income tax, sales tax, property tax, fuel tax, personal property tax, and a host of others. The income tax burden hits not just the business but personally as well.

Nevada asset protection: Nevada protects the attorney-client privilege

Nevada once again displays why it is one of the top asset protection jurisdictions. In a recent case, the Nevada Supreme Court soundly protected communications between an attorney and client. Specifically, the Court has addressed and firmly protected communications between trustees and attorneys.

Fraudulent conveyance concerns: A lesson from the Bridge Trust

Some asset protection promoters endorse an onshore-offshore trust strategy. The trust begins onshore in the United States and shifts offshore at the first sign of a potential creditor. Such strategies initially hold assets in a U.S. entity or domestic asset protection trust structure such as a self-settled trust and then shift or transfer to an offshore jurisdiction when a creditor appears. One such branded trust is popularly sold by promoters as "The Bridge Trust."

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Corona Office
4160 Temescal Canyon Rd.
Suite 202
Corona, CA 92883

Phone: 951-335-0465
Phone: 951-788-9410
Fax: 951-788-0766
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25240 Hancock Ave.
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Murrieta, CA 92562

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Phone: 702-622-8451
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