One of the best ways to level the litigation playing field is to place the assets out of reach of future potential plaintiffs or convert non-exempt assets to exempt assets ahead of any future claim.

If you are not already taking required minimum distributions (RMDs), your IRA could be considered a non-exempt asset. You can ...

Businesses and individuals can use Chapter 7 bankruptcy to get out of debt by eliminating most unsecured debts and selling non-exempt assets to repay creditors, explains Wayne Mortenson ...

Chapter 7 bankruptcy, often called “liquidation bankruptcy,” involves selling non-exempt assets to pay off creditors. You may be allowed to keep some essential property, like a car if the ...