Consultant Profile
|
Riser Adkisson LLP
Consultant ID:
113752
|
Contact Information 
|
|
|
| First Name
|
Chris |
|
Last Name
|
Riser |
| Address 1
|
1827 Powers Ferry Road |
|
Address 2
|
Suite Bldg 1, 200 |
| City
|
Atlanta |
|
State
|
GA |
| Country
|
United States |
|
Postal Code
|
30339 |
| Telephone
|
(404) 634-0750 |
|
Fax
|
(404) 634-0790 |
| Email
|
info@risad.com |
|
|
|
Area of Experience
|
|
|
|
|
Business
Information
|
|
|
| Company or Individual Name
|
Riser Adkisson LLP |
| Company's Web Site Address
|
http://www.risad.com |
Company
Description
|
The partners of Riser Adkisson LLP are Chris Riser and Jay Adkisson, the authors of "Asset Protection: Concepts and Strategies" (McGraw-Hill, 2004). Chris Riser is also a current Director of the American Bar Association's Asset Protection Planning Committee. Jay Adkisson is best known as the creator of Quatloos.com and has twice appeared as an expert witness before the U.S. Senate Finance Committee to testify regarding tax scams.
Chris Riser served in the U.S. Army at Fort Bragg, North Carolina, where he reached the rank of sergeant, completed airborne and air assault training, and served in the Persian Gulf War as a squad leader with the 519th Military Intelligence Battalion (TE)(ABN) of the XVIII Airborne Corps. He has an A.B. in Russian and Slavic Linguistics (Phi Beta Kappa), as well as an M.A. in Slavic Linguistics, a J.D. and Master of Laws (LL.M.) in Estate Planning. |
Degrees and
Certifications
|
Christopher M. Riser
He received his A.B., with Distinction, in Russian and Slavic Linguistics (Phi Beta Kappa), as well as his M.A. in Slavic Linguistics, and his J.D. from the University of North Carolina at Chapel Hill, where he is a Fellow of the Center for Slavic, Eurasian and East European Studies. Chris received his Master of Laws (LL.M.) in Estate Planning from the University of Miami.
Jay Adkisson
Bachelor of Arts, University of Oklahoma, 1986; Juris Doctor, with honors, University of Oklahoma, 1988; Oklahoma Law Review, 1987-88. Law Practice. Admitted to practice before the Supreme Court of Oklahoma, 1989; Supreme Court of Texas, 1993; United States Supreme Court, 1992; United States Fifth Circuit Court of Appeals, 1993; United States Tenth Circuit Court of Appeals, 1989; United States Eleventh Circuit Court of Appeals, 1997, and various U.S. District Courts. |
Professional
Memberships
|
| Mr. Adkisson is a member of the Oklahoma Bar Association, 1989-present; State Bar of Texas, 1993-present; American Bar Association, various sections and the ABA Center for Professional Responsibility. Mr. Adkisson is Not Certified by the Texas Board of Legal Specialization. |
Other Notes
|
Seminars
The firm occasionally hosts educational seminars on the topics of asset protection planning and wealth preservation.
The firm may arrange private seminars for the benefit of individuals and small groups. The typical cost of these seminars is $5,000 which includes travel and related expenses. Interested persons should contact us for more information.
Upcoming Events
LORMAN Educational Services Seminar-- Recognizing The Blind Spots In The World Of Partnerships, LLPs, LLLPs And LLCs , Thursday, July 28, 2005 in Greensboro, NC.
CAJP ANNUAL CONFERENCE AND BOARD MEETING -- California Association of Judgment Professionals, Friday, September 23, 2005; thru Monday Sept 26, 2005; Royal Caribbean Cruise ship, keynote speaker Jay D. Adkisson to present on fraudulent transfers, common weaknesses in asset protection plans, and charging order litigation. |
| Hourly Rate
|
Not Specified |
| States Willing to Work
|
Any |
|
|
|
|
|
Professional Experience
|
|
|
Project 1
The Main Objective of Asset Protection Planning
It should be noted that the objective of asset protection planning is not to stiff legitimate creditors. To the contrary, good asset protection planning assumes to a significant degree that the target of the litigation (generically referred to as the “debtor” even if the claim has not yet been litigated or reduced to judgment) will pay all just debts and not attempt to use the fact of the asset protection planning to unfair advantage.
Rather, a main purpose of asset protection planning is to segregate and insulate liabilities away from valuable assets to the greatest extent allowed by applicable law, so as to reduce the debtor’s profile and amenability to lawsuit, as well as to conduct a lawful “asset freeze” by shifting valuable assets to other family members (in trust or otherwise) at a time when the debtor has no existing or foreseeable claims. Asset protection planning is also, to a significant degree, pre-litigation and pre-bankr |
Project 2
Privacy and Asset Protection
Lowering the asset profile of individuals has long been a goal of asset protection planning. While in the past this was done primarily to discourage frivolous lawsuits, it has become much more important today. With identity theft, phishing, pharming, and similar criminal schemes being rampant, it makes sense to keep valuable assets out one’s personal name or from being reported under one’s social security number of other identifier.
By transferring assets into trust or to business entities, the assets are no longer held or reported in an individual person’s name and thus it is much more difficult for criminals to find or access either the account information or the assets themselves. Thus, even if the individual’s identity is compromised and accounts accessed, the assets held in entities should be unaffected and thus available for transfer to the individual’s new accounts to pay bills, etc., while the identify theft matter is being resolved.
Indeed, |
Project 3
|
|
|
|
|
|
References
|
|
|
Reference 1
Chris Riser Publications:
PUBLICATIONS AND PROFESSIONAL AFFILIATIONS (PARTIAL LIST):
"Nonprofit LLCs: Time for a New Experiment?" LLC ADVISOR, April 1998
"Tax Choice of Entity for New Small Business LLCs," LLC REPORTER, July/August 1998
"What Role Do LLCs Have in Funding Nonprofit Tax-Exempt Organizations?," JOURNAL OF LIMITED LIABILITY COMPANIES, Winter 1998
"Tax Consequences of Charging Orders: Is the 'KO by the K-1' KO'd by the Code?" ASSET PROTECTION JOURNAL, Winter 1999
"Re Heginbotham's Petition: Manx Fraudulent Transfer Law Does Not Apply to Potential Future Creditors," JOURNAL OF ASSET PROTECTION, January/February 2000.
Publisher, The Riser Report on Asset Protection & Estate Planning
Author, The Offshore Truth (forthcoming in 2001), Axius Publishing
LLPs and LLCs, Professional Education Systems, Inc., annual continuing professional education course for lawyers and accountants, 1998- present |
Reference 2
|
Reference 3
Professional articles published by Mr. Adkisson include Ninth Circuit Eviscerates Foreign APTs in the Anderson Case, 1 Offshore Finance U.S.A. (Sept/Oct 1999); Walking Through Thin Ice -- And Falling Through: The Perils of Offshore Trusts (FTC v. Affordable Media LLC), 2 Asset Protection Journal 22 (Spring 2000); and A Conversation on the Anderson Case Between Jay Adkisson and Denis Kleinfeld, 2 Asset Protection Journal 15 (Spring 2000); Mr. Adkisson has been often quoted by a variety of U.S. and international media outlets, such as BusinessWeek the Financial Times, and National Public Radio.
Mr. Adkisson is the Founder of Quatloos! (quatloos.com), an internationally famous internet website which exposes financial frauds and scams, and which has won many honors. Mr. Adkisson has testified as an expert witness before the U.S. Senate Finance Committee regarding tax scams and frauds (see below), and was featured in the Forbes’ Article “Build Your Own Soapbox” in the Fall 2000 Best of |
|
|
|
|
Go Back
|