Safe Harbors: An Asset Protection Guide for Small Business Owners
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Product Description
The latest techniques for preserving family wealth and legally avoiding personal liability in the operation of a small business are provided in this guide. Intended for the small business owner, the strategies discussed are equally effective in larger businesses. Taken together, these strategies provide a multilayered approach to asset protection, offering redundant protection and often presenting an insurmountable barrier to creditors. Topics covered include the types of property that are exempt from bankruptcy and legal judgements; and methods for using insurance, asset transfers, and asset protection trusts as a second level of defence. The strategies detailed in this book have been proven effective by actual court cases. Alternatives are contrasted and compared in terms of costs, complexity, and effectiveness, affording owners the opportunity to choose approaches based on their needs.
Product Details
- Amazon Sales Rank: #1598328 in Books
- Published on: 2003-05-01
- Original language: English
- Dimensions: 1.13" h x 7.08" w x 9.90" l, 2.00 pounds
- Binding: Paperback
- 500 pages
Editorial Reviews
Publisher Comments
Part of the CCH Business Owner's Toolkit series, which includes Business Plans That Work for Your Small Business (0808008587), Tax Guide 2003 (0808008323), Find & Keep Customers for Your Small Business (0808003542), Launching Your First Small Business (0808008595), Small Business Financing (0808007386), Start Run & Grow a Successful Small Business (0808007394), and Win Government Contracts for Your Small Business (0808008609)
About the Author
Nicholas C. Misenti, J.D., is an attorney practicing in the areas of estates and trusts, tax, business planning, and asset protection. He lives in Glastonbury, Connecticut.
