All over the globe, there are sayings in various languages that roughly translate to “rags to rags in three generations.” What this means is that the first generation works hard and earns bundles of money, which the second generation subsequently squanders, leaving...
Month: November 2024
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What if my business partner suddenly passes away?
The sudden death of a business partner can shake your company's foundation. This tragic event can be emotionally and financially devastating. Beverly Hills business owners who prepare for these unforeseen circumstances can better safeguard their enterprises and...
Understanding asset protection trusts
An asset protection trust is designed to protect your wealth from creditors and lawsuits. When you establish an asset protection trust, it is irrevocable. This means that the money and possessions covered by it may not be removed or withdrawn. Therefore, if you are...