Menu
Adkisson Pitet LLP
  • Home
  • Firm Overview
  • Attorneys
    • Jay D. Adkisson
    • John M. Alpay
    • Carl A. Berthold Jr.
    • Joseph P. Busch III
    • Michael L. Chun
    • Peter Hardin
    • Joseph Petrucelli III
    • Christopher L. Pitet
    • Daniel M. Raad
    • Muzna Zeitouni
  • Practice Areas
    • Litigation and Writs & Appeals
      • Business Litigation
      • Employment Litigation
      • Intellectual Property Litigation
      • Insurance Coverage and Bad Faith
      • Writs & Appeals
      • Anti-SLAPP
    • Creditor-Debtor
    • CAPTIVE INSURANCE
    • Government Investigations & White Collar Defense
    • Business Transactions, Employment Law, Tax Controversy & Estate Planning
      • Corporate & Business Law
      • Employment Law
      • Estate Planning
      • Tax Controversy/Litigation
  • Mission & Values
  • News
    • Our Results
    • Blog
    • Media
    • News Releases
    • Eblasts
    • Podcasts
    • Speeches
  • Contact
Adkisson Pitet LLP
  • Home
  • Firm Overview
  • Attorneys ▾
    • Jay D. Adkisson
    • John M. Alpay
    • Carl A. Berthold Jr.
    • Joseph P. Busch III
    • Michael L. Chun
    • Peter Hardin
    • Joseph Petrucelli III
    • Christopher L. Pitet
    • Daniel M. Raad
    • Muzna Zeitouni
  • Practice Areas ▾
    • Litigation and Writs & Appeals
      • Business Litigation
      • Employment Litigation
      • Intellectual Property Litigation
      • Insurance Coverage and Bad Faith
      • Writs & Appeals
      • Anti-SLAPP
    • Creditor-Debtor
    • CAPTIVE INSURANCE
    • Government Investigations & White Collar Defense
    • Business Transactions, Employment Law, Tax Controversy & Estate Planning
      • Corporate & Business Law
      • Employment Law
      • Estate Planning
      • Tax Controversy/Litigation
  • Mission & Values
  • News ▾
    • Our Results
    • Blog
    • Media
    • News Releases
    • Eblasts
    • Podcasts
    • Speeches
  • Contact
Home   /   Blog   /   Page 2 of 2

Blog

The Role Of Liability Insurance In Asset Protection Planning

The Role Of Liability Insurance In Asset Protection Planning

May 09, 2022

Quite absurdly, some planners who think that they know something about asset protection planning will actually tell their clients something like, "Once you have your asset protection plan in place, you can give up your insurance coverage because you will not need it anymore." This is a hidden sales pitch here, because the planner is trying to make the client think that the money that they save on insurance will offset the cost of their asset protection plan (which will, of course, usually just be some junk planning). This is just crazy, for all the reasons set forth above, and a very good indication that such a planner doesn't have the first clue what they are doing. And they don't.

View full article →

Is Your California IRA Protected From Creditors? Probably Not.

Is Your California IRA Protected From Creditors? Probably Not.

April 19, 2022

The bottom line is that it is very difficult to predict what part of a debtor's IRA will ultimately determined to be exempt depending on the debtor's remaining years to retirement, needs in retirement, and other factors. What is not at all difficult to determine is that if the debtor's needs will be taken care of by an exempt plan, the IRA will not be exempt and thus not protected from creditors.

View full article →

Should I create a QPRT before 2026?

Should I create a QPRT before 2026?

April 07, 2022

With the potential reversion of the lifetime gift and estate tax exemption in 2026 and rising interest rates, now is a good time to sit down with your advisor to determine if a QPRT may be right for your situation. 

View full article →


PARTITION ACTION: AN EQUITABLE REMEDY

PARTITION ACTION: AN EQUITABLE REMEDY

April 04, 2022

Any co-owner can file a partition action, regardless of the size of their ownership interest.  In other words, if someone owns as little as 1% of a piece of property, they can exercise their right to partition.  Under California Civil Procedure Section 872.210, “a partition action may be commenced and maintained by any of the following persons: (1) a co-owner of personal property or (2) an owner of an estate of inheritance, an estate for life, or an estate for years in real property where such property or estate therein is owned by several persons concurrently, or in successive estates.”  Therefore, to prevail in a partition action, a party must prove through the property deed(s), other title paperwork, and any estate planning documents if applicable, that they have an interest in the property.

View full article →


« Previous 1 2
Quick Links
  • Our Staff
  • News & Publications
  • Resources
  • Search
  • Disclaimer
LOCATIONS

ORANGE COUNTY, CA

100 Bayview Circle, Suite 210
Newport Beach, CA 92660
ph: (949) 502-7755

SAN DIEGO, CA

1030 La Bonita Drive, Suite 301
San Marcos, CA 92078
ph: (760) 410-0228

LAS VEGAS, NV

6671 South Las Vegas Blvd. Suite 210
Las Vegas, NV  89119
ph: (702) 953-9617

Adkisson Pitet LLP
  • Adkisson Pitet is a law firm in Orange and San Diego Counties, California, and Las Vegas, Nevada, concentrating principally on Litigation and Writs & Appeals; Creditor-Debtor; Captive Insurance; Government Investigations & White Collar Defense; and Business Transactions, Employment Law, Tax Controversy, and Estate Planning. Our practice primarily covers California, Nevada, and Arizona, but we are also licensed in Oklahoma, Texas and Hawaii.
News & Updates

Sign up to get the latest firm news, legal updates, commentary, and more.

© 2023 Adkisson Pitet LLP.