Young lady with folded arms just found out that her domestic asset protection trust is worthless.
Young lady with folded arms just found out that her domestic asset protection trust is worthless.
The Domestic Asset Protection Trust (DAPT) that you paid a bunch of money for probably does diddly to protect you.

Let me get to the point. Domestic Asset Protection Trusts are dead. Or at least they should be. They are kind of like fidget spinners. In 2017, parents around the world were insisting that schools allow them. Supposedly, they helped kids with ADHD and autism. But the adults eventually figured out that they were just toys. Domestic Asset Protection Trusts are also kind of like toys. Except people pay a lot of money for them thinking they will actually protect them from lawsuits and creditors. In most cases, they don’t.

Family trips are a great way to bond with each other and leave the stress of everyday life behind. Parents know this may not be true when traveling with children. Things can be hectic at the very beginning with packing and getting through airport security on time. You don’t want your trip to be ruined because you cannot see eye-to-eye with your children.

Keeping Track of Your Children

Even if the trip is going smoothly, always keep track of your children. It may seem like an obvious tip but kids get lost. Your attention moves away for a second, whether it is buying a ticket…

While reading Stephen Covey’s, The 7 Habits of Highly Effective Families, I found that even in the first 50 pages of the book, it starts to make you think about your situation and family. It also points out the fact if this is a family issue you want solved, you may have to include the rest of the family right away. Stephen Covey suggests that the family should read the book together and determine their goals together. Though Covey understands that the reader may want to read it themselves and test if it is the right thing to share with…

Traveling is a great way to relax and get away for a little. Whether you are traveling to another city, state, or country, it can be intimidating, especially for first time travelers. The steps are the same no matter if you are a first-time traveler or an avid traveler.

Planning

Deciding on the destination isn’t the only planning you have to worry about. Finding a hotel, flight, and transportation are also important steps to take in the planning process. Some trips you are able to decide the day of and leave to your destination, others can take months to plan. You…

There is a certain stereotype involved with children growing up in rich families. They are viewed as spoiled, pretentious, and even brats. Though not all wealthy family raise their children to be this way, you see some that fit into this mold. As a parent, you have earned your wealth and have worked for the success you have. Your children, might not have the same work ethic as you since they know they’ll be receiving an inheritance that could possibly take care of them for the rest of their lives.

Author Michael Hopf wrote, “Hard times create strong men. Strong…

Original post can be found at PaulDeloughery.net

Like any business, there is bound to be competition. Since major airlines are facing competition from discount carriers, changes are going to have to be made. These changes are important to note since they will be affecting the millions of passengers that use air travel. Not only are airlines raising baggage fees, but there are more big changes coming down the runway.

Premium Economy

No one likes to be squished for hours, with nowhere to go to escape the child kicking the back of your seat and your neighbor hogging the armrest. You would love to have the luxury of moving up…

Original post can be found at PaulDeloughery.net

Now is the time to be making those New Year’s resolutions. Some make it their goal to eat healthier, others may make it to go to the gym more often, and then there are some that make it their goal to travel more. Traveling is not only a chance to get away and relax. It is also an opportunity to explore and learn new areas and cultures. Traveling could be what you need this year.

France

We all know France is the home of Paris. With all the sights to see, food to eat, and culture to experience, many don’t make…

It’s never too early to start planning for your next Oktoberfest. Celebrating the seasons changing and having some drinks with your friends could be in the cards for you next September and October. Not everyone can make their way to Munich, Germany to celebrate the authentic Oktoberfest, but there are many places in the United States that offer celebrations that compare to Germany.

San Francisco, California

Oktoberfest by the Bay holds the festival of Munich’s tradition of music, dancing, food, and of course, beer. Experience German music and food during the three days. Bavarian bands and dancers travel to California to perform traditional…

Many people believe that they will never be sued so they don’t bother to protect their assets. After all, you know you’re not a bad or negligent person. You know that you would never put someone else at risk.

But here’s the thing, being sued is a lot more common than you might think and it isn’t just bad actors or large companies that get sued. It is unfortunate, but some people choose to abuse our legal system and their eye roll-inspiring lawsuits can put your assets at risk.

According to the National Center for State Courts (NCSC), there were…

When you are are looking for flights you want to be careful. There are many discount flight websites that give you great deals. But they may not be the best option for cutting out some of the stresses of travel. Some could add to your stress and are more likely to have issues throughout the booking and flight process. Here are five things you should know when booking flights on discount websites like Kiwi.

Layovers

Don’t assume that your layover is at the same airport. For example, you may inadvertently book a trip with an 8-hour layover in London (because the…

Paul Deloughery

Pau Deloughery is dedicated to protecting your assets & is continually learning about trends in the areas of bankruptcy and debt collection | PaulDeloughery.com

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