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ABA Property and Probate Magazine

The Nevis Limited Liability Com­pany (Amendment) Orclinance (NLLCAO), 2015 (the "New Ordinance") strengthens and clarifies the prior Nevis Limited Liability Company Orclinance (NLLCO) of 1995 ("Prior Orclinance"). Among the improvements made by the New Orclinance are the addition of (1) fraudulent transfer pro­visions governing assets contributed to a Nevis LLC, (2) language prohibit­ing enforcement of foreign judgments against member equity, and (3) enhanced limitations on creditor remedies. This article explores several significant aspects of the New Orclinance.

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Article Written for: AccountingToday.com
Effective asset protection requires the strategic use of several legal components. These include the transfer of assets to protective structures (such as limited liability companies and trusts), proper allocation of legally protected assets, insurance and proper titling of assets to maximize legal exemptions from claims. Proper structuring insulates assets against claims from future, unknown creditors.

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We cater to the professional, entrepreneur and investor seeking customized domestic and international asset protection strategies.

Our firm also analyzes potential exposure to individuals and businesses and provides strategies to insulate vulnerable assets.

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Contact Info

Forster Boughman Lefkowitz & Lowe
2200 Lucien Way, Suite 405
Orlando (Maitland), Florida  32751


Local:  (407) 255-2055

Toll-free:  (855) WP-GROUP

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Office hours:  Open weekdays
from 8:30 AM to 5:30 PM