Law Office of
Robert J. Mintz
Exclusive Legal Representation For Your
Asset Protection Planning Needs
  • Asset Protection
  • Estate Planning
  • International Tax
  • Business Planning

Surplus Cash

The corporation should never hold any surplus cash. You would be amazed at how often clients proudly tell us that they have accumulated $1 million of cash in a Merrill-Lynch CMA account. This is pure madness. Only amounts necessary to pay immediate and foreseeable obligations should remain in the corporate account. Any surplus should be loaned or paid out as salary or some other type of distribution. The last thing you want is a fat pile of cash available for the taking.

Complimentary New Book

New & Revised Edition
Asset Protection for Physicians and High-Risk Business Owners by Robert J. Mintz JD, LLM

Essential reading for every professional, business owner and potential deep-pocket lawsuit defendant.

Legal Services Request

Free Consultation:

Or call 760-758-4748 to schedule a phone consultation