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Attorney Ike Devji

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Why The Sky is NOT Falling on Offshore Asset Protection Trusts

October 25, 2011 by Ike Devji, Asset Protection Lawyer Leave a Comment

There’s always a new “landmark” case that’s blown out of proportion, the Alaska case Battley v. Mortensen merely supports existing U.S. law on the 10 year look-back in bankruptcy, if it surprised your Asset Protection planner you need better help, it’s been on the books for years. As for Banruptcy protection in general I tell my […]

Filed Under: Asset Protection, Asset Protection Fraud and Failures, asset protection trusts, Bankruptcy, family limited partnership, offshore, offshore trusts Tagged With: Asset Protection, asset protection trusts, domestic APT, Ike Devji, Offshore Trusts

Life insurance proceeds received by limited partnership not included in gross estate of insured limited partner

January 28, 2010 by Ike Devji, Asset Protection Attorney Leave a Comment

In Private Letter Rulings 200947006 & 200948001, the IRS considered whether a series of transactions among a partnership, corporations and trusts which altered the ownership and beneficiary designations of two life insurance policies required inclusion of the policies in the insured’s estate. See the Whole Article here: http://tinyurl.com/y865vlp

Filed Under: Asset Protection, estate planning, estate tax, family limited partnership, Ike Devji, taxes

Estate Tax to Temporarily Expire Until Next Year – Now the Really Bad News

December 17, 2009 by Ike Devji, Asset Protection Attorney Leave a Comment

Given the depressed value of many real estate and investment portfolios, there has never been a more tax efficient and advantageous time to implement the right kind of estate planning, start transferring assets at their current value and improve and tune up the life insurance components of your planning, here’s why: The 45 percent tax […]

Filed Under: Asset Protection, estate planning, estate tax, family limited partnership, Ike Devji

19 TIPS FOR MANAGING YOUR LIMITED PARTNERSHIP SAFELY AND EFFECTIVELY

August 5, 2009 by Ike Devji, Asset Protection Attorney 3 Comments

© 2009 Ike Z. Devji, J.D. One common and well placed tool for estate planning and Asset Protection is known as a “Limited Partnership” (LP), also commonly called an Asset Management Limited Partnership or Family Limited Partnership (FLP). Below are some simple tips for managing your LP, safely, legally and effectively. Any LP created for […]

Filed Under: Arizona Asset Protection, Asset Protection, Asset Protection for Doctors, asset protection strategies, estate planning, family limited partnership, financial advisors, Ike Devji, Limited Partnerships and FLPs, real estate investing Tagged With: Asset Protection, Family Limited Partnership, FLP, Ike Devji, limited partnerships, scottsdale

See Ike’s Work In Action

· Ike Devji on Acrimoney.com
· Ike Devji on CFO ADVISORS
· Ike Devji on Infosec Island
· Ike Devji on Risk and Threat Management

Money Matters Interview

Recent Posts

  • The Business Roundtable Podcast: Asset Protection
  • The Risks of Doing Business With Family Members
  • Campaign Contributions: What Business Owners Need to Know
  • Recession Asset Protection – Is My Bank Safe?
  • Asset Protection for Pain Management Doctors and Anesthesiologists

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