The only book on asset protection planning specific to California residents. Now in its second edition. 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. Learn about community property, transmutation agreements, post-nuptial agreements, charging orders, irrevocable trusts, trust protectors, fraudulent transfers, sales to insiders, and many more. The book focuses largely on California law and planning for California residents, 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 assets? What really works and what does not? The book is full of engaging client anecdotes and stories, that clearly communicate when one seeks asset protection and how to go about it. The author is a practicing attorney specializing exclusively in asset protection planning, with many years of experience. He has completed over 3,000 asset protection transactions over the course of his career and represents a multitude of clients from Forbes 400 families to small business owners. He shares his extensive experience and knowledge of the law in an easy to read and understand manner.
Author Biography:
Jacob Stein is a partner with the law firm Aliant, LLP (previously with Klueger and Stein, LLP), in Los Angeles, California. Jacob focuses his practice on structuring international business transactions, complex U.S. and international tax planning, and asset protection planning. Jacob received his law degree from the University of South-ern California, and a Master of Laws in Taxation from Georgetown University. He has been accredited by the State Bar of California as a Certified Tax Law Specialist, is AV-rated (highest possible rating) by Martindale and has been named "A Super Lawyer" by the Los Angeles Magazine for the past seven years. Over the course of his career, Jacob has structured over three thousand asset protection transactions, and has represented of-ficers and directors of Fortune 500 companies; international Forbes 400 families; celebrities; Internet entrepreneurs; high-profile real estate developers, builders, and investors; physi-cians; wealthy foreigners doing business in the United States; small business owners; attorneys, accountants, and financial advisors; and many other individuals and businesses facing financial adversity or seeking privacy for their holdings. Jacob is an author of several books and over two dozen scholarly articles and technical manuals. He is the co-author of International Joint Ventures - A Concise Guide for Attorneys & Business Owners, published in 2014. His Asset Protection Planning, Advanced Tax Planning Techniques, All About Trusts and Estate Planning manuals have been used by the Education Foundation for the past 15 years. Mr. Stein is a frequent lecturer to various attorney, CPA, and other professional groups, teaching over 50 seminars per year. He has taught over 500 continuing education seminars (most as full-day programs) over the course of his career. His presentation topics include: Asset Protection Planning, Advanced Asset Protection Planning, Offshore Planning, A Foreigner's Guide to Investing in U.S. Real Estate, Tax Planning for Cross-Border Joint Ventures, International Estate Planning, Pre-Immigration Tax Planning, Creative Planning with Con-trolled Foreign Corporations, Sophisticated Estate Tax Planning, Advanced Planning with Trusts, and various other courses. Jacob is an instructor with the Education Foundation, National Business Institute, Thomson Reuters, the Rossdale Group, Lorman Education Services and a multitude of other education providers.
