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Asset Protection Blog

You Did Everything Right But Have You PROTECTED Your Hard-Earned Assets

You Did Everything Right But Have You PROTECTED Your Hard-Earned Assets

It was my absolute pleasure to be invited on The Wealth Management Show hosted by Rushlight Investments LLC and wealth manager Jean Paul R. Sanchez to present on asset protection representation.  As per the video description: This is a replay of…
Ronald C. Iacone Jr., Esq.Ronald C. Iacone Jr., Esq.September 5, 202150 min
When Transferring Assets to Family Backfires

When Transferring Assets to Family Backfires

It's like a never ending what-if scenario during many of my consultations, but when clients want asset protection, or at least what they think is asset protection, many ask about transferring assets to family as a form of pre-litigation planning.…
Ronald C. Iacone Jr., Esq.Ronald C. Iacone Jr., Esq.October 10, 20201 min
Dissent: LLCs are a legal fiction, nexus of contracts

Dissent: LLCs are a legal fiction, nexus of contracts

The emergency suspension without a hearing of an alcoholic beverage license issued by the Department of Business and Professional Regulation (“DBPR”) for alleged violations of Florida’s COVID-19 orders sparked a quick petition to the First District Court of Appeal in Florida…
Ronald C. Iacone Jr., Esq.Ronald C. Iacone Jr., Esq.September 28, 20205 min
Implications for Foreigners in the IRS Revision to the EIN Application

Implications for Foreigners in the IRS Revision to the EIN Application

In March, the Internal Revenue Service (IRS) announced a revision to the Employer Identification Number (EIN) application process that could potentially have some serious consequences for foreigners or non-resident aliens (NRA) who wish to start a company in the United…
Ronald C. Iacone Jr., Esq.Ronald C. Iacone Jr., Esq.August 28, 20193 min
There is no such thing as a Limited Liability Corporation

There is no such thing as a Limited Liability Corporation

There is no such thing as a Limited Liability Corporation.  Sure, corporations to an extent enjoy limited liability, but that does not make them limited liability corporations — corporations are just corporations.  The LLC designation actually stands for limited liability company,…
Ronald C. Iacone Jr., Esq.Ronald C. Iacone Jr., Esq.February 20, 20194 min
Response to Attorney Question: Multiple LLCs

Response to Attorney Question: Multiple LLCs

An attorney question came across my desk the other day and I thought I would share my response with the collective. She queried whether multiple LLCs or a single LLC was most appropriate to hold her client's rental properties, and…
Ronald C. Iacone Jr., Esq.Ronald C. Iacone Jr., Esq.November 5, 20186 min