Robb Report Shines a Spotlight on Asset Protection Planning

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Sep 07, 2010, 07:40 ET

LOS ANGELES, Sept. 7 /PRNewswire/ -- Robb Report, a leading publication targeting the wealthy and the super-wealthy, is running a feature on asset protection in its Ask the Expert column. The column is a Q and A with asset protection attorney Jacob Stein and can be found on the home page of Robb Report. Jacob Stein is the managing partner of Klueger & Stein, LLP, a Los Angeles law firm devoting its practice exclusively to asset protection planning.

"The current economic climate has led to a boom in asset protection planning," states Jacob Stein. "Real estate investors and real estate developers with under-water properties, former Madoff investors, business owners who are in trouble, all seek to preserve their assets," continues Stein.

The Ask the Expert column explains some of the basic objectives of asset protection planning, common structures, and common ways to protect the personal residence. The column makes it clear that during the current economic downturn everyone can benefit from protecting their assets from claims of creditors.

For a knowledge base of information on asset protection visit Jacob Stein's asset protection website.

About Jacob Stein

Mr. Stein is a partner with the asset protection law firm Klueger and Stein, LLP, in Los Angeles, California. He has received his law degree from the University of Southern California, and his Master's of Law in Taxation from Georgetown University. Mr. Stein has been accredited by the State Bar of California as a Certified Tax Law Specialist, is AV-rated (highest possible rating) by Martindale-Hubbell and has been named A Rising Star by the Los Angeles Magazine.

On a daily basis Mr. Stein assists high net-worth individuals and successful businesses in protecting their assets from plaintiffs and creditors by focusing on properly structuring asset ownership and business structures and operations. Over the course of his career Mr. Stein has represented over a thousand clients, including: officers and directors of Fortune 500 companies; celebrities; Internet entrepreneurs; high-profile real estate developers, builders and investors; physicians; wealthy foreigners; small business owners; attorneys, accountants and financial advisors; and many other individuals facing financial adversity or seeking privacy for their holdings.

Mr. Stein is an author of numerous tax and asset protection articles and technical manuals and a frequent lecturer to various attorney, CPA and other professional groups on topics ranging from asset protection to choice of entity planning, and offshore tax planning to advanced real estate exit strategies. Jacob is an instructor with the California CPA Education Foundation, National Business Institute and Lorman Education Services where he teaches courses on advanced tax planning, asset protection and trust law. He is an adjunct professor of taxation at the CSU, Northridge Graduate Tax Program.

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