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February 06, 2012
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Oregon Asset Protection News

 

Lucasfilm Ltd. Selects HP Technology to Create Digital Entertainment Assets

HP StorageWorks at Lucasfilm

Lucasfilm selected the latest HP StorageWorks offerings for its business applications. With a 35-terabyte capacity, the HP StorageWorks XP12000 Disk Array and Cisco MDS 9509 is the industry's most powerful, high-end disk storage system delivering "zero downtime" for mission-critical environments.

The system incorporates HP software innovations for single-system management, remote copying and cross-continental disaster recovery. The HP StorageWorks XP12000 Disk Array offers Lucasfilm the most advanced solution available to ensure business continuity and asset protection.

 

Contact a Oregon Asset Protection lawyer today and get a free consultation!

 
Did You Know?    
 
 
LLC envelope offers substantial advantages over other entities
LLC envelope offers substantial advantages over other entities, there are at least five common circumstances when a tax regime other than an S corporation may be more appropriate: 1) the business cannot qualify as an S corporation; 2) the one-class-of-stock limitation for S corporations cannot accommodate certain business terms agreed to by the parties; 3) the business involves appreciating assets (i.e., assets that have, or are likely to have, a fair market value in excess of basis), such as real estate; 4) the business has considerable debt and the owners anticipate significant losses; and 5) the wage-reduction tax strategy explained previously will not benefit the owners because either the primary income of the business is excluded from self-employment tax or, in the case of newly formed companies, one or more employee-owners already receive aggregate wages or self-employment income from an existing business in an amount which approaches the taxable wage base limitation

 


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News about Asset Protection cases in Oregon and nationwide:

Metlife Offers Redesigned Asset Protection Policies For New York State Partnership
New York – MetLife is the first carrier to offer redesigned New York State Partnership for Long-Term-Care (NYSPLTC) insurance policies to individua...
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Increasingly Integrated Financial Management Systems Are Expected To Support Program Managers Financial Managers,
OMB Circular A-127, Financial Management Systems, initially issued in 1984, was revised in 1993.  This Circular sets forth general policies fo...
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Department Licenses State's First Group Captive For Fourteen Of New York’s Major Financial Institutions
        Superintendent of Insurance Gregory V. Serio today announced that the State Insurance Department has lic...
Read more >


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Asset Protection.com Terms

 


Today's Terms

Bonds

Definition:
Essentially loans or debt. When someone lends you money, he or she gets an IOU that promises the loan will be repaid with interest. When you buy a bond, you're basically buying that IOU. A bond certificate is like an IOU: it shows the amount loaned (principal), the rate of interest to be paid on the loan and the date that the principal will be paid back (maturity date). Bonds can be issued by government agencies, such as the U.S. Treasury and by corporations to raise money.

Spendthrift Trusts

Definition:
A spendthrift trust is created specifically to provide asset protection for the beneficiary. These trusts are written so that the beneficiary can receive the benefit of the trust, but have no right to demand benefits from the trust.

Testamentary trust

Definition:
A trust that is established by will. Compare to living trust.

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Asset Protection Resources

 


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Asset Protection Hot Topics

 
Topics Related to Asset Protection:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax
  • Dynasty Trust
  • Annuities

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Oregon Asset-Protection Attorney

 
If you live in the following cities and need an Asset-Protection attorney you should contact our Asset-Protection Attorney as soon as possible:

  • Albany
  • Ashland
  • Beaverton
  • Bend
  • Canby
  • Central Point
  • Clackamas
  • Coos Bay
  • Corvallis
  • Cottage Grove
  • Dallas
  • Eugene
  • Forest Grove
  • Grants Pass
  • Gresham
  • Hermiston
  • Hillsboro
  • Hood River
  • Klamath Falls
  • La Grande
  • Lake Oswego
  • Lebanon
  • Mcminnville
  • Medford
  • Newberg
  • Ontario
  • Oregon City
  • Pendleton
  • Portland
  • Prineville
  • Redmond
  • Roseburg
  • Salem
  • Sherwood
  • Springfield
  • The Dalles
  • Troutdale
  • Tualatin
  • West Linn
  • Wilsonville
  • Woodburn


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