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Asset Protection - The Adkisson Analysis

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  • Additional Reading
    • Mr. Adkisson's Presentation to the American Bar Association
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    • Mr. Adkisson's Testimony Before the US Sentate Finance Committee: "Taxpayer Beware: Schemes, Scams and Cons"(pdf)
    • Mr. Adkisson's Testimony Before the US Sentate Finance Committee: "Taxpayer Beware: Schemes, Scams and Cons"(Real Player - Video)
    • Forbes Article: "Protect Your Assets"
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• Asset Protection
  • Morality & Ethics
    • Morality of Asset Protection Planning
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    • Overview of "Asset Protection"
    • Asset Protection Method Efficacy
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    • Grupo Mexicano v. Alliance Bond Fund, Inc.
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    • Introduction to Trusts for Asset Protection
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    • Pure Trusts, Common Law Trust Organizations & Consitutional Trusts (Scam Warning)
    • Domestic Grantor Trusts (Living Trusts)
    • Andersons' Trust Comapany pays $1.2 million
    • Special Feature: "Died of a Theory - The Failure of Foreign Asset Protection Trusts"
      • FTC v. Affordable Media, LLC (Anderson)
      • The Adkisson Analysis of the Anderson Opinion
      • Other Professionals' Comments About Anderson
      • Cook Islands Rule in Favor of Andersons
      • Breitenstine v. Breitenstine
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      • Lawrence Loses First Appeal
      • Lawrence Gets Thumbs Down from Eleventh Circuit
      • SEC v. Bilzerian
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      • Phase 1
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      • Jerome Schneider
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  • Fraudulent Transfers
    • UFTA Prefatory Note
    • Uniform Fraudulent Transfer Act
    • Fraudulent Transfer Cases
    • Fraudulent Transfer Analysis
    • Fraudulent Transfer Research
  • Asset Protection Handbook

 

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Fraudulent Transfers

UFTA Prefatory Note

Uniform Fraudulent Transfer Act

1. Definitions
   • Affiliate
   • Asset
   • Claim
   • Creditor
   • Debt
   • Debtor
   • Insider
   • Lien
   • Person
   • Property
   • Relative
   • Transfer
   • Valid Lien
2. Insolvency
   • Sum of Debts Greater Than Assets
   • Generally Not Paying Debts...
   • Partnership
   • Assets Not Included
   • Debts...
3. Value
   • obligation
   • equivalent value
   • present value
4. Transfers Fraudulent as to Present & Future Creditors
5. Transfers Fruadulent as to Present Creditors
6. When Transfer is Made or Obligation is Incurred
7. Remedies of Creditors
8. Defenses, Liability, and Protection of Transferee
9. Extinguishment of Claim (Statute of Limitations)
10. Supplementary Provisions
11. Uniformity of Application and Construction
12. Short Title
13. Repeal

History

Cases

• Alabama
• Alaska
• Arizona
• Arkansas
• California
• Colorado
• Connecticut
• Delaware
• Florida
• Georgia
• Hawaii
• Idaho
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maine
• Maryland
• Massachusetts
• Michigan
• Minnesota
• Mississippi
• Missouri
• Montana
• Nebraska
• Nevada
• New Hampshire
• New Jersey
• New Mexico
• New York
• North Carolina
• North Dakota
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• South Dakota
• Tennessee
• Texas
• Utah
• Vermont
• Virginia
• Washington
• West Virginia
• Wisconsin
• Wyoming

Analysis

Jay's Basic Overview of Fraudulent Transfer Law

Three-Step/Four-Testing Analysis of UFTA

Uniform Fraudulent Transfer Act Power-Point Presentation

Summary of the Uniform Fraudulent Transfer Act

Why States Should Enact

UFTA Fact Sheet

Netdistribs

American Graphics