Riser Adkisson LLP Attorneys

Jay Adkisson is best known as the creator of Quatloos.com and as a book author and popular legal and financial speaker on a variety of topics. Jay is an attorney who practices in the areas of creditor-debtor litigation, asset protection and wealth preservation, and captive insurance companies and alternative risk transfer. He is also a contributor to Forbes magazine. Jay is an avid private pilot, having earned his private pilot's license after losing an eye to cancer. Many of Jay's clients are private pilots or aircraft owners.

Jay Adkisson earned his Juris Doctor degree from the University of Oklahoma in 1988, and was a member of the Oklahoma Law Review. He has been admitted to practice before the Supreme Court of Oklahoma (1989), Texas (1993) and California (2007), the U.S. Supreme Court, the U.S. Court of Appeals for the 5th, 9th, 10th, and 11th Circuits, and numerous federal district courts nationwide.

Jay is a member of the American Bar Association and is active in the Real Property, Trusts and Estate (RPTE) section, as well as the Federal Bar Association and the Orange County Bar Association.

Jay is a founding partner of Riser Adkisson LLP, with his offices in Southern California, and which firm primarily provides business, tax and estate planning services in certain states and on both coasts. Jay continues to accept some litigation matters, particularly in the area of creditor-debtor law, judgment collections, and related fields.

Follow Jay's commentary regarding various topics on LinkedIn and on Twitter

ASSET PROTECTION PLANNING

Nationally known as a leading critic of abusive asset protection and offshore strategies, Jay is the author, along with Mr. Chris Riser, of "Asset Protection: Concepts and Strategies" (McGraw-Hill, 2004), available from Amazon and Barnes & Noble.

Now published in Chinese, Riser & Adkisson's Asset Protection: Concepts & Strategies" is the worldwide best-seller on the topic of asset protection. Available through Amazon China.

Jay regularly speaks to professional groups and associations about the ethics and morality of asset protection planning, and the need for such planning to be fully disclosed and legal. He has presented to the American Bar Association, many state and county bar associations, the University of Miami's Heckerling Institute, the Southern California Tax & Estate Planning Forum and other prestigious groups.

Jay's lectures have included "The Ethics and Morality of Asset Protection Planning" (presentation to the American Bar Association), "Avoiding Fraudulent Transfers", "Charging Order Protection", and "Why Offshore Trusts Fail". Jay has also provided guidance to various creditors groups and law enforcement agencies on how to spot and defuse abusive asset protection schemes.

Read Jay Adkisson's latest commentary about Asset Protection and related topics at Forbes and follow Jay's thoughts about asset protection on LinkedIn and Twitter

CREDITOR-DEBTOR LAW

Having been involved early in his career in several high profile commercial cases that had significant international collection aspects, a part of Jay's practice has continued to be in the area of creditor-debtor law, including collections and judgment enforcement of large and difficult cases.

Jay is an honorary member of the California Association of Judgment Professionals, which is the largest trade group in California of judgment enforcers. Jay has lectured on defeating asset protection plans to collection agents of the U.S. Internal Revenue Services, attorneys of the U.S. Department of Justice, and other professional groups.

Jay publishes the California Creditor-Debtor Law Forum at http://www.calejl.com to further the study of the California Enforcement of Judgments Law by practitioners. Follow Jay's commentary on California creditor-debtor law on LinkedIn and on Twitter

CAPTIVE INSURANCE COMPANIES

Jay was first exposed to the international alternative risk markets in 1995 while representing a European client. In 1998, Jay became one of the three founding members of Manchester Strategic Advisors LLC, which at that time was one of original captive insurance consulting firms. It was at this time that Jay created the concept and coined the phrase for the Closely-Held Insurance Company (CHIC), which was a captive insurance company used for a wealth transfer and preservation function as a secondary benefit to providing insurance against perils.

In 2006, Jay published "Adkisson's Captive Insurance Companies: An Introduction to Captives, Closely-Held Insurance Companies and Risk Retention Groups" which has become the best-selling guide to captive insurance companies. Jay continues to actively consult with business owners about the structuring and formation of new captive insurance companies. See http://www.captiveinsurancecompanies.com for more information. This book is available at Amazon and Barnes & Noble.

Jay is the current Chair of the Committee on Captive Insurance of the American Bar Association's Business Law Section.

Today, Jay's practice includes forming "pure" captive structures, consulting on existing captives, and litigating issues involving captive insurance companies and related structures. Follow Jay's commentary regarding captive insurance companies and alternative risk transfer issues on LinkedIn and on Twitter

SECURITIES & INVESTMENT ISSUES

Jay is the author of "Equity-Indexed Annuities: The Smart Consumer's Guide" (2006), which discusses this advanced form of fixed annuities. This book gives a balanced look at one of the use of one of the most popular financial tools ever to be sold, including when they can and cannot be used, suitability issues, and understanding their basic operation.

PURSUING FINANCIAL FRAUD AND ABUSIVE TAX SCHEMES

Although he does not practice in the area of taxation, Jay has long been a leading foe of those who promote abusive tax schemes or financial frauds.

Jay is the Creator and Editor of Quatloos! (quatloos.com), an internationally famous internet website which exposes financial frauds and scams, and which has won many honors. Since Quatloos.com went online in 1998, it has helped tens of thousands of people avoid being scammed out of literally billions of dollars, and helped to educate many thousands of people (and also enforcement personnel) about tax scams and tax scam promoters.

Jay has testified was featured in the Forbes’ Article “Build Your Own Soapbox” in the Fall 2000 Best of the Web special edition for his work with Quatloos! Jay has also appeared on ABC's 20/20 and in financial publications such as the Wall Street Journal, and numerous other television and radio programs to discuss various financial frauds and tax scams.

Jay occasionally assists various groups of the Internal Revenue Service with continuing education and training on tax scams, asset protection, and related issues.

Jay enjoys taking litigation and collection matters against financial fraud artists and promoters of abusive tax schemes.

EXPERT WITNESS

Jay has twice appeared as an expert witness before the U.S. Senate Finance Committee to testify about various tax scams.

Jay's Testimony before the U.S. Senate Finance Committee: "Charity Oversight and Reform: Keeping Bad Things from Happening to Good Charities" Taped video of the U.S. Senate Finance Committee June 22, 2004 (in .wmv format).
Jay's written testimony (June 22, 2004) (pdf)
Jay's Testimony Before U.S. Senate Finance Committee: "Taxpayer Beware: Schemes, Scams, and Cons" Taped video of the U.S. Senate Finance Committee, 5 April 2001 (in .ram format). Download RealPlayer first if you don't already have it on your system.
Jay's Testimony Before U.S. Senate Finance Committee: "Taxpayer Beware: Schemes, Scams, and Cons" Jay's Written Statement before the U.S. Senate Finance Committee, 5 April 2001 (in .pdf format).

Jay accepts representations to act as an expert witness in appropriate matters.

SUPPORT FOR VICTIMS OF EYE CANCER AND MONOCULAR VISION

After losing his eye to deadly choroidal melanoma cancer in 2000, Jay started the first internet website at http://www.losteye.com that was dedicated to addressing the concerns of those who had lost an eye to whatever cause. This website has provided substantial information and support to tens of thousands of such persons worldwide.

In 2006, Jay published the book Coping with Monocular Vision after Enucleation or Eye Loss from Cancer, Accident, or Disease to assist others with the physical changes and psychological trauma occasioned by the loss of an eye.

Jay Adkisson Forbes' Articles

Past Conference Presentations by Jay Adkisson

2012 February 15 -- Orange County CA -- "Judgment Enforcement in California" sponsored by Lorman
2011 November 9 -- Redlands, CA -- "Asset Protection in California" at the 32nd Annual Inland Empire Estate Planning Seminar
2011 October 26 -- San Diego -- "Asset Protection Hot Topics" at the 31st Annual Southern California Tax & Estate Planning Forum
2011 September 24 -- Denver -- "Asset Protection for the Plastic Surgeon" at Plastic Surgery 2011 sponsored by the American Society of Plastic Surgeons
2011 September 29 -- Salt Lake City -- Panel presentation "Does Your 831(b) Captive Quack" at the Western Region Captive Insurance Conference ("Western Captive Round-Up")
2011 September 18 -- San Diego -- "Captive Insurance: Business Owner Risk Management and Wealth Accumulation" at the Financial Planning Association's FPA Experience 2011
2011 August 7 -- Toronto -- Moderated the panel "Captive Insurance Companies: Introduction and Update" sponsored by the American Bar Association's Committee on Captive Insurance at the Business Law Section's Annual Meeting
2011 June 10 -- Los Angeles -- "Asset Protection in California" at the First Annual Joint Northern and Southern California Forum Meeting of WealthCounsel
2011 May 3 -- Washington, D.C. -- "Asset Protection for the OB/GYN" at the Annual Clinical Meeting of the American College of Obstetricians and Gynecologists
2010 November 17 -- Pasadena, CA, "Judgment Enforcement" sponsored by Lorman Education Services
2010 October 2 -- Toronto, Canada -- "Asset Protection for the Plastic Surgeon" at the Annual Meeting of the American Society of Plastic Surgeons
2010 October 9 -- Orlando, FL -- "Asset Protection for the Financial Services Professional" at the Annual Forum of the Society of Financial Services Professionals
2010 August 4 -- National Telephone Conference -- Jay Adkisson joined Professor Carter G. Bishop of the Suffolk University Law School to discuss the "reverse veil piercing" of limited liability companies and the recent Olmstead case in Florida where a single-member LLC failed to protect the assets of its debtor member. Presented by the Business Planning Group of the American Bar Association's Section on Real Property, Probate and Trust Planning.
2010 May 20 -- Allentown, PA -- "Asset Protection: Avoid the Landmines" at the Estate Planning Council for the Lehigh Valley
2010 May 15-19 -- San Francisco, CA -- "Asset Protection for the OB/GYN at the Annual Meeting of the American College of Obstetricians and Gynecologists
2010 March 24 -- "Asset Protection: Avoid the Landmines" to the Phoenix Chapter of the Financial Planning Association
2010 March 5 -- Symposium on Foreign Asset Protection Trusts sponsored by the Pepperdine University College of Law
2010 February 5 -- "Asset Protection in Troubled Times" at the 130th Assembly of Bank Directors sponsored by the Southwestern Graduate School of Banking at Southern Methodist University
2009 November 17 -- Philadelphia -- "Asset Protection in the Real World" at the luncheon of the Philadelphia Estate Planning Council
2009 November 7 -- Newport Beach CA -- "Busting Asset Protection Schemes" at the Annual Meeting of the California Association of Judgment Professionals
2009 October 9 -- San Diego -- "Asset Protection Planning" at the Annual Meeting of the American Academy of Estate Planning Attorneys
2009 September 25 -- Chicago -- "Ethical Considerations in Asset Protection Planning" at the Joint Meeting of the American Bar Association's Tax and Real Property, Probate and Trust Sections
2009 September 23 -- Portland, OR -- Keynote speaker at the First Annual Oregon Captive Conference
2009 August 13 -- St. Petersburg FL -- "Insurance Schemes, Swindles and Cons" at the LIMRA Advanced Sales Meeting
2009 July 17 -- Anaheim, CA -- "The Dead Deadbeat" at the California Continuing Education of the Bar presentation "Death, Debt, and Taxes"
2009 May 5 -- Washington DC -- "Captive Insurance Companies" at the American Association of Life Underwriters
2009 May 4 -- Chicago -- "Asset Protection for the OB/GYN" at the annual meeting of the American College of Obstetricians and Gynecologists
2009 May 1 -- Naples FL -- "An Incremental Approach to Asset Protection" for the Ohio State Alumni Club at the Naples Beach Hotel & Golf Club (tickets available).
2009 April 29 -- Palm Springs -- "Asset Protection and Financial Planning" at the Annual Retreat of the Financial Planning Association
2009 February 17 -- Houston -- "Captive Insurance" at the Houston Chapter of the Society of Financial Services Professionals
November 2, 12008 -- Chicago -- "Asset Protection for the Plastic Surgeon" at the Annual Meeting of the American Society of Plastic Surgeons
November 1, 2008 -- Las Vegas -- "Asset Protection for the Financial Services Professional" at the Annual Meeting of the Society of Financial Services Professionals
October 17, 2008 -- Des Moines, IA -- "Captive Insurance Companies" at a seminar hosted by the AlliantGroup.
October 11-12, 2008 -- San Jose, CA -- "Understanding Fraudulent Transfer Law" at the Annual Meeting of the California Association of Judgment Professionals
September 19, 2008 -- Park City, UT -- Expert panelist at the Annual Meeting of the Utah Captive Association
August 15, 2008 -- Galveston, TX -- "Practical Asset Protection Planning in the Real World" at the University of Texas CLE 2008 Estate Planning, Guardianship & Elder Law Conference
May 3-7, 2008 -- New Orleans -- "Asset Protection for the OB/GYN" at the annual meeting of the American College of Obstetricians and Gynecologists
April 4, 2008 -- San Diego -- "Captive Insurance Companies" at the BGA Sales Summit 2008 of the Underwriting Services of America
January 19, 2008 -- Las Vegas, NV -- "Asset Protection for the Little Guy" at the Midyear Meeting of the American Bar Association's Section on Taxation
November 15, 2007 -- Santa Barbara, CA -- "Understanding Asset Protection" at a luncheon for the Santa Barbara County Bar Association Section on Taxation
October 26-31, 2007 --Baltimore, MD -- "Asset Protection for the Plastic Surgeon" at the American Society of Plastic Surgeon's 2007 Symposium
October 18-19, 2007 -- San Diego, CA -- Moderated the panel "Understanding Captive Insurance Companies" and the workshop "Captive Insurance for Wealth Transfer and Preservation" and also moderated the panel "Asset Protection: A View from the Creditors' Bench and the Bar" and the workshop "Creditors vs. Asset Protection Strategies" at the 27th Annual Southern California Tax & Estate Planning Forum
October 6-7 -- Irvine, CA -- "Busting Asset Protection Schemes" at the annual conference of the California Association of Judgment Professionals
August 24, 2007 - San Antonio, TX - "Asset Protection -- 10 Things You Must Know" at the annual meeting of the Texas Society of Certified Public Accountants
August 2-4, 2007 - Stowe, VT - "Understanding Elder Scams" at the annual meeting of the Elder Law Section of the New York State Bar Association
July 25-26, 2007 - San Diego, CA - "Captive Insurance Strategies" at the Best Practices of America 2007 Symposium
July 11, 2007 - Orange County, CA - "Understanding Charging Orders" at the luncheon of the Trusts & Estates Section of the Orange County Bar Association
June 27, 2007 - Costa Mesa, CA - "Ideas in Asset Protection" at the Estate Planning Committee of the Long Beach/Orange County Chapter of the California Society of Certified Public Accountants
May 29-30, 2007 - Irvine, CA - "Tax and Financial Frauds: Old Scams Repackaged" at the Annual Orange County (OC) Institute of Internal Auditors (IIA) Fraud, Threats & Risk Seminar
May 15-18, 2007 - Columbia, SC - "Busting Asset Protection Schemes" at the U.S. Attorneys' Office of Legal Education's Criminal Asset Recovery Summit
May 2, 2007 - Detroit - "Asset Protection: 10 Things You Must Know" at the 20th Annual Michigan Tax Conference sponsored by the State Bar of Michigan
May 7-8, 2007 - San Diego - "Asset Protection for the OB/GYN" at the American College of Obstetricians and Gynecologists
April 24-25 - Miami, FL - "Captive Insurance Companies" at the 5th OffshoreAlert Financial Due Diligence Conference
March 23-24, 2007 - Anaheim, CA - "The Final Stiff: Asset Protection Post-Death" at the seminar Fundamentals of Trust Administration by the California Continuing Education of the Bar
March 26, 2007 - San Bernardino, CA - "Intermediate Asset Protection" at the seminar Attorneys' Guide to Asset Protection by the National Business Institute.
March 18, 2007 - Detroit, CA - "Asset Protection for the Physician" at the Michigan Association of Physicians of Indian Origin
January 11, 2007 - Orlando, FL - "Ethics of Asset Protection" at the 41st Annual Heckerling Institute sponsored by the University of Miami.
November 21, 2006 – “Asset Protection: 10 Things You Must Know” at a luncheon of the Tulsa County Bar Association.
November 11, 2006 – Panelist on "Judgment Collection Issues in Federal Court," along with federal bankruptcy judge, Hon. Alan Ahart, hosted by the Orange County Bankruptcy Forum.
October 19-21, 2006 –"Asset Protection: 10 Things You Must Know" and "Understanding Charging Order Protection and Drafting Considerations" at the Southern California Tax & Estate Planning Forum.
October 12, 2006 –"Asset Protection: 10 Things You Must Know" at a luncheon of the Tax Section of the Orange County (California) Bar Association.
May 16, 2006 – Charleston, SC – “Abusive Tax Schemes” at the Southeast Regional Meeting of IRS-Criminal Investigations.
May 12, 2006 – Miami – "Good Lessons from Bad Cases" at the Florida Bar Association’s Annual Wealth Protection Conference 2006: The Hot Topics in Asset Protection Planning.
May 8, 2006 – Washington D.C. – “Asset Protection for the OBY/GYN” at the Annual Clinical Meeting of the American College of Obstetricians and Gynecologists.
May 5, 2006 – San Diego – “Ethical Issues in Asset Protection Planning” a the American Bar Association’s Real Property, Probate and Trust Law Spring Symposium
September 23-26, 2005 – Long Beach – Keynote speaker for the Annual Meeting of the California Association of Judgment Professionals
August 4, 2005 – Nashville, TN – “Abusive Tax Schemes” at the national convention of Internal Revenue Service Criminal Investigation (IRS-CI) agents

Numerous prior speaking appearances have been omitted from this list. Contact us if a full list is desired.

MR. CHRISTOPHER M. RISER

191 East Broad Street, Suite 307

Athens, Georgia 30601

Ph: 706 552 4800 Fax: 706 534 1328

chris [at] risad.com

MR. JAY D. ADKISSON
100 Bayview Circle, Suite 210
Newport Beach, California 92660
Ph: 949 200 7773 Fax: 877 698 0678
jay [at] risad.com

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