In the United States, a creditor usually has to
obtain a court judgment against you before attempting to seize any of your assets. But there are some exceptions to this general rule.
In some cases, a court can issue a temporary restraining order (TRO) or an injunction against a debtor that effectively freezes the debtor’s assets. This
“Avoiding probate” has become almost an obsession with many Americans. In some states, this can be a good idea, to the extent reasonably possible. But “probate avoidance” is usually not my biggest concern for a client.
It is very important to remember that a trust designed to avoid probate may provide absolutely no asset protection. A so-called revocable grantor
Believe it or not — banks, hedge funds and private investors are now funding lawsuits. They are pumping staggering amounts of money into medical malpractice claims, class actions against companies, and even divorce fights! According to a front page New York Times article by Binyamin Appelbaum, total investments in lawsuits at any given time now
