Helping individuals and businesses take advantage of asset protection laws
As I noted in a post about a month ago we are facing potentially dramatic year-end changes to the federal estate and gift tax. The “exemption amount” could drop from $5 million to $1 million. In any event, it seems like the exemption will ultimately be less than it is now.
This means that for…
Debt collection companies will come under federal supervision beginning in January when the Consumer Financial Protection Bureau begins its oversight of large collection agencies. The new federal agency will have authority to issue rules that will be binding on the larger debt collection companies throughout the United States. An October 24, 2012 article in the…
