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LLC Tax Election

An LLC tax election is the decision you make to determine how your LLC is taxed. An LLC is a unique business structure called a limited liability company, but the IRS Code has not given the LLC a unique taxation section. So how is the LLC to

Business Asset Protection in Business Formation

Business asset protection needs to be considered early in your business formation process. It’s never too soon to think about asset protection. Many businessmen think business asset protection planning is only needed after they are successful and have made a lot of money. It doesn’t always work

House Title– How to Hold for Better Protection

How you hold the title to your house to protect it from lawsuits makes a difference. I often have asset protection fanatics tell me that they have put their house title in a corporation or Limited Liability Company (LLC) for house protection. This is a big mistake.

Estate Planning Basics

Estate planning basics require time and energy, but being proactive is so important. This is more of a personal blog. Over the years, I have spoken to well over a million people, and many of my “seminar friends” know my story. I have spent many months of

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We wish everyone in America had the means to obtain the knowledge that Attorney Lee Phillips is attempting to impart in the Accumulation and Preservation of Wealth course. We are thankful that there is a legal system that is designed to protect people’s assets, no matter how little or how much.
~ Ed, Dallas Texas