I am a partner of Adkisson Pitet LLP and licensed to practice law in Arizona, California, Nevada, Oklahoma and Texas. My practice is in the areas of creditor-debtor law and captive insurance. I am the author of books on asset protection, captive insurance, charging orders, and
Captive Manager Avoids 6700 Penalties After Jury Trial
The IRS assessed 6700 penalties against Ankner and his three companies, and to avoid those penalties they filed a refund lawsuit in the U.S. District Court and won.
Doctor’s Transfer To Wife To Avoid Creditors Doesn't Survive Divorce
Discusses Gilbert v. Gilbert where doctor conveyed property to wife to avoid creditors, but then lost the property in divorce.
Florida Looking To Collect 5.3% Tax Against Out-Of-State Captive Insurers
Discusses Florida's attempt to collect its 5.3% independently procured tax against out-of-state captive insurance companies
Another Taxpayer Microcaptive Blowout Loss In Patel
Discusses Patel v. CIR, T.C. Memo. 2024-34 (March 26, 2024), where an Abilene doctor formed two microcaptives and later lost in tax court.
Bellingham Group Bank Guarantee Scam Artists Sentenced
Discusses the Brittingham Group, John Nock, Brian Brittsan, Kevin Griffith, and Alexander Ituma, who ran a bank guarantee HYIP scam that defrauded numerous investors