Strategies for Asset Protection
Earners of the Strategies for Asset Protection certification will demonstrate competency in understanding the relationship between creditor rights and debtor asset protection strategies.
- Type Certification
- Level Intermediate
- Time Months
- Cost Paid
Skills
Earning Criteria
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Achieve a grade of Satisfactory in BUS 3881: Strategies for Asset Protection
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Earners shall differentiate legal asset protection from unlawful fraudulent conveyance; identify the instances in which personal assets are at risk from business creditors.
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Earners will identify how legal entities can be used to protect personal assets from business creditors and identify types of personal assets that are statutorily exempt from creditors collections.
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Earners will identify strategies for protecting personal investment assets and identify legal strategies for protecting business assets from personal creditors.
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Earners will identify legal strategies for protecting assets during divorce and identify legal strategies for protecting business assets from business creditors.
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Earners will identify the type of asset protection provided by Oklahoma's Wealth Preservation Trust and identify unique asset protection concerns associated with retirement accounts.
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Earners will identify asset protection benefits associated with the Family Limited Partnership and explain their personal position regarding the ethics of implementing asset protection strategies.