Would you know what to do if your business was sued? The Business Owner’s Asset Protection Kit from Guardian Publishing offers strategies for business owners to shield their company and personal savings from lawsuits, taxes, bankruptcy and divorce.
The four-part kit, created by attorney David B. Mandell and financial expert Christopher R. Jarvis, contains a 300-page book, an audiotape, worksheets and a state exemption report.
The Asset Protection Handbook and the audiotape, Offshore Solutions, by Mandell and Arnold S. Goldstein, Ph.D., explain the tools and strategies a business owner would use in asset protection planning against claims including malpractice suits, lawsuits outside of your business, employment-related claims, bankruptcy, divorce and taxes. Each discusses how to best structure different types of businesses. Topics include exemptions, joint ownership, corporations, limited partnerships, limited liability companies and trusts.
The Financial Assessment Worksheets and State Exemption Report give readers the opportunity to apply strategies from the book and audiotape to their specific situations. The worksheets allow business owners to evaluate which assets are at risk and which are safe based on their type of business, state laws and asset allocation. The report actually identifies property that is exempt in each state and Washington, D.C.
To order The Business Owner’s Asset Protection Kit, call Guardian Publishing at 800-554-7233. The price is $40 for black enterprise readers plus $5 for shipping and handling.