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	<title>Asset Protection and Asset Management &#187; Lee R. Phillips</title>
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	<link>http://www.phillipsassetprotection.com</link>
	<description>The nation&#039;s best source for asset protection and asset management.  Learn more about protecting your assets!</description>
	<lastBuildDate>Thu, 17 Nov 2011 23:54:47 +0000</lastBuildDate>
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		<title>Join Me at My Boot Camp — Get $250 Off</title>
		<link>http://www.phillipsassetprotection.com/join-me-at-my-boot-camp-%e2%80%94-get-250-off/</link>
		<comments>http://www.phillipsassetprotection.com/join-me-at-my-boot-camp-%e2%80%94-get-250-off/#comments</comments>
		<pubDate>Fri, 27 May 2011 20:56:33 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Asset Protection]]></category>
		<category><![CDATA[Divorce]]></category>
		<category><![CDATA[Do It Yourself Estate Planning]]></category>
		<category><![CDATA[Kristy Phillips]]></category>
		<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[Living Wills]]></category>
		<category><![CDATA[LLC]]></category>
		<category><![CDATA[Tax Planning]]></category>
		<category><![CDATA[boot camp]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=2442</guid>
		<description><![CDATA[We want to reward our FaceBook friends; here’s what we’ve got going on: We have a boot camp going on in Salt Lake City, UT from June 20th to 21st and we would love to have you come! So here’s what we’ll do. First, go to our FaceBook page and click “Like” at the very [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>S Corporations Dodge the Bullet</title>
		<link>http://www.phillipsassetprotection.com/s-corporations-dodge-the-bullet/</link>
		<comments>http://www.phillipsassetprotection.com/s-corporations-dodge-the-bullet/#comments</comments>
		<pubDate>Thu, 07 Apr 2011 20:17:03 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[Tax Planning]]></category>
		<category><![CDATA[distributions]]></category>
		<category><![CDATA[reasonable salary]]></category>
		<category><![CDATA[s corporations]]></category>
		<category><![CDATA[unemployment taxes]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=2387</guid>
		<description><![CDATA[The Unemployment Compensation Extension Act of 2010 was designed to follow the “pay as you go laws,” which means, the bill needed to generate taxes equal to the cost of extending unemployment payments.

What does all this have to do with S corporations?  The plan was to make the small businessman pay for the unemployment bill by increasing taxes on “distributions.”]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>AB Trusts and Revocable Living Trust Documents</title>
		<link>http://www.phillipsassetprotection.com/ab-trusts-and-revocable-living-trust-documents/</link>
		<comments>http://www.phillipsassetprotection.com/ab-trusts-and-revocable-living-trust-documents/#comments</comments>
		<pubDate>Wed, 02 Feb 2011 18:10:26 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[AB trusts]]></category>
		<category><![CDATA[community property state]]></category>
		<category><![CDATA[living revocable trusts]]></category>
		<category><![CDATA[tax savings]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=2321</guid>
		<description><![CDATA[You probably don’t need the AB trust, at least not for the next 2 years with a total estate tax limit at $10 million for a couple, even without an AB trust.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Real Estate Management With Trusts &amp; LLCs</title>
		<link>http://www.phillipsassetprotection.com/real-estate-management-with-trusts-llcs/</link>
		<comments>http://www.phillipsassetprotection.com/real-estate-management-with-trusts-llcs/#comments</comments>
		<pubDate>Fri, 21 Jan 2011 23:51:39 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Asset Protection]]></category>
		<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[children's trust]]></category>
		<category><![CDATA[limited partnership]]></category>
		<category><![CDATA[llc]]></category>
		<category><![CDATA[llc manager]]></category>
		<category><![CDATA[property manager]]></category>
		<category><![CDATA[subchapter S]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=2314</guid>
		<description><![CDATA[We often receive interesting questions from our students. We received permission to publish this one as a Blog since it might be of interest to many of you visiting our site. Comment: Thank you for your help. I hope learning all this is not &#8220;too little too late&#8221;. Q. You said an LLC should be [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Elizabeth Edwards&#8217; Will</title>
		<link>http://www.phillipsassetprotection.com/elizabeth-edwards-will/</link>
		<comments>http://www.phillipsassetprotection.com/elizabeth-edwards-will/#comments</comments>
		<pubDate>Thu, 06 Jan 2011 21:38:49 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[Elizabeth Edwards]]></category>
		<category><![CDATA[Elizabeth Edwards' will]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[John Edwards]]></category>
		<category><![CDATA[living revocable trust]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[Trusts]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=2300</guid>
		<description><![CDATA[It is on the news, in the papers and on the internet.  The whole world knows that Elizabeth Edwards, who died last month after a battle with breast cancer, made no mention of estranged husband John Edwards in her will.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Should I Write My Own Will?</title>
		<link>http://www.phillipsassetprotection.com/should-i-write-my-own-will/</link>
		<comments>http://www.phillipsassetprotection.com/should-i-write-my-own-will/#comments</comments>
		<pubDate>Wed, 17 Nov 2010 20:42:36 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[last will]]></category>
		<category><![CDATA[testament]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[write will]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=2285</guid>
		<description><![CDATA[Prince William and Kate Middleton are finally engaged.  The engagement ring had been Princess Diana’s ring.  Apparently Prince Harry had inherited it, but he had given it to his brother so the next Princess could wear it.   I was so happy to hear of brothers not fighting over their departed mother’s ring.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Corporate Shield Single Member LLCs Under Attack</title>
		<link>http://www.phillipsassetprotection.com/corporate-shield-single-member-llcs-under-attack/</link>
		<comments>http://www.phillipsassetprotection.com/corporate-shield-single-member-llcs-under-attack/#comments</comments>
		<pubDate>Thu, 29 Jul 2010 17:42:34 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[LLC]]></category>
		<category><![CDATA[charging order]]></category>
		<category><![CDATA[charging order llc]]></category>
		<category><![CDATA[Corporate Shield]]></category>
		<category><![CDATA[Florida Supreme Court]]></category>
		<category><![CDATA[limited liability company]]></category>
		<category><![CDATA[llc charging order]]></category>
		<category><![CDATA[llcs attacked]]></category>
		<category><![CDATA[Olmstead Case]]></category>
		<category><![CDATA[partnership]]></category>
		<category><![CDATA[single member llc]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=2008</guid>
		<description><![CDATA[The LLC is unique, because it gives you the “corporate shield” that protects the owners (members) from liabilities of the company, just like the corporate shield in a corporation protects the shareholders from the liabilities of the company.  Additionally, the LLC has an element of a partnership, because it protects the company from the personal debts and liabilities of an individual member by making the creditors of the individual get a “charging order” against the company.]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Divorce Is a Mess.  Let’s Just Separate</title>
		<link>http://www.phillipsassetprotection.com/divorce-versus-separation/</link>
		<comments>http://www.phillipsassetprotection.com/divorce-versus-separation/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 16:06:08 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Divorce]]></category>
		<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[divorce]]></category>
		<category><![CDATA[divorce versus separation]]></category>
		<category><![CDATA[divorce vs separation]]></category>
		<category><![CDATA[legal separation versus divorce]]></category>
		<category><![CDATA[legal separation vs divorce]]></category>
		<category><![CDATA[marriage rights]]></category>
		<category><![CDATA[obligations]]></category>
		<category><![CDATA[separation]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1958</guid>
		<description><![CDATA[Divorce is ugly!  Some couples decide to just separate, and they live their separate lives.  They live in different cities.  They live with other people.  They are divorced by all indications, but rather than go through the legal pain of a divorce they are just estranged.  This is a disaster situation.]]></description>
		<wfw:commentRss>http://www.phillipsassetprotection.com/divorce-versus-separation/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Gary Coleman Lawsuit</title>
		<link>http://www.phillipsassetprotection.com/gary-coleman-lawsuit/</link>
		<comments>http://www.phillipsassetprotection.com/gary-coleman-lawsuit/#comments</comments>
		<pubDate>Thu, 03 Jun 2010 21:19:51 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[Living Wills]]></category>
		<category><![CDATA[Accumulation and Preservation of Wealth]]></category>
		<category><![CDATA[Gary Coleman]]></category>
		<category><![CDATA[gary coleman and his wife]]></category>
		<category><![CDATA[gary coleman health]]></category>
		<category><![CDATA[gary coleman lawsuit]]></category>
		<category><![CDATA[gary coleman shannon price divorce]]></category>
		<category><![CDATA[gary coleman wife shannon]]></category>
		<category><![CDATA[living will]]></category>
		<category><![CDATA[right to die]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1941</guid>
		<description><![CDATA[As Gary Coleman was unconscious in the hospital, his ex-wife, Shannon, gave the order to cut off life support.  Now Coleman’s parents have come forward accusing the hospital of stopping the life support prematurely without the proper permission, saying Shannon no longer had the right as she was not his wife.  The hospital is not worried because Mr. Coleman had a living will giving Shannon the authority.  It is an unbelievably sad situation to have someone taken so young, but just such a situation is the reason that you do your estate planning now.  Have you signed your own living will?]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The Living Trust Screw-up</title>
		<link>http://www.phillipsassetprotection.com/the-living-trust-screw-up/</link>
		<comments>http://www.phillipsassetprotection.com/the-living-trust-screw-up/#comments</comments>
		<pubDate>Mon, 17 May 2010 21:04:27 +0000</pubDate>
		<dc:creator>Lee Phillips</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[estate plan]]></category>
		<category><![CDATA[grantor trust]]></category>
		<category><![CDATA[irrevocable trust]]></category>
		<category><![CDATA[living revocable trust]]></category>
		<category><![CDATA[living trust]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1936</guid>
		<description><![CDATA[By Lee R. Phillips I had a client bring a “living trust” to me last week.  The client thought the trust was going to solve all of his estate planning problems.  NOT SO!!  It was done by an insurance agent, and this guy had set him up with an “irrevocable personal residence trust.”  The agent [...]]]></description>
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		<slash:comments>0</slash:comments>
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