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February 06, 2012
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California Asset Protection News

 

Critical Asset Identification Is Still Not Complete

In October 1998, a month before agencies’ initial CIP plans were due, CIAO issued its Vulnerability Assessment Framework. The framework was intended to provide detailed guidance to federal agencies on how to identify their critical infrastructures, identify interdependencies and vulnerabilities of those infrastructures, and provide the basis for developing remediation plans. However, CIAO officials concluded, on the basis of a review of agency CIP plans and subsequent discussions with agency officials, that agencies did not find the framework particularly helpful in carrying out agency planning efforts. Further, several agencies were unclear whether “critical” organizations, personnel, systems, and facilities to be identified using the framework referred only to those specific missions performed by the individual departments and agencies or more broadly to the performance of functions and missions by federal agencies on behalf of the nation.

On the basis of this review of the agencies’ initial plans, CIAO decided that the management of CIP programs required a new functional approach to defining and identifying critical assets and their dependencies, and it shifted the focus to identifying assets and dependencies that, under PDD 63, are deemed critical to the federal government’s carrying out its responsibilities for national security, maintaining the orderly functioning of the national economy, and ensuring the health and safety of Americans. To accomplish this goal and provide the agencies with additional guidance, in March 2000, CIAO began offering its Project Matrix methodology.

Project Matrix consisted of a three-step process in which each civilian federal agency identifies (1) its critical assets; (2) other federal government assets, systems, and networks upon which its critical assets depend to operate; and (3) all associated dependencies on private-sector owned and operated critical infrastructures.

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Did You Know?    
 
 
Going off-shore with asset protection is becoming very common
Asset Protection can involve utilization of out of country corps., banks, partnerships, ,trusts, funds, management firms, to legally safeguard assets, plan for the future, minimize taxes and get involved in globally investing opportunities.

 


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News about Asset Protection cases in California and nationwide:

Critical Asset Identification Is Still Not Complete
In October 1998, a month before agencies’ initial CIP plans were due, CIAO issued its Vulnerability Assessment Framework. The framework was intende...
Read more >


Court Orders Illinois Broker John M. Lofgren And Melrose Asset Management To Pay Over $5.5 Million To Defrauded Commodity Pool Participants
Washington, D.C. – The U.S. Commodity Futures Trading Commission (CFTC) announced today that on August 30, 2004, Judge...
Read more >


Grassley: $2 Million To Support Agriculture Counter-Terrorism Project In Iowa
The Iowa Department of Public Defense, Emergency Management Division, will use this funding to support the Agriculture Counter-terrorism Project, w...
Read more >


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Asset Protection Lawyers.com Terms

 


Today's Terms

Municipal bond

Definition:
An investment security for which a state or local government promises to pay an amount at maturity (usually more than five years in the future) with interest, in return for a current investment. Municipal bonds are generally tax-free, but not always.

Beneficiary

Definition:
The person who receives the benefits or gifts from an estate, insurance policy, IRA, pension plan, or trust.

Living trust

Definition:
A trust that is established while the grantor is still alive. Compare to testamentary trust.

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Asset Protection Resources

 


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Asset Protection Hot Topics

 
Topics Related to Asset Protection:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax
  • Dynasty Trust
  • Annuities

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California Asset-Protection Attorney

 
If you live in the following cities and need an Asset-Protection attorney you should contact our Asset-Protection Attorney as soon as possible:

  • Antioch
  • Bell
  • Hawthorne
  • Long Beach
  • Los Angeles
  • Norwalk
  • Oceanside
  • Pacoima
  • Santa Ana
  • South Gate
  • Norwalk
  • Oceanside
  • Oxnard
  • Pacoima
  • Pittsburg
  • Santa Ana
  • South Gate
  • Sylmar
  • Watsonville
  • Westminster
  • Fremont
  • Fresno
  • Hawthorne
  • Hayward
  • Hesperia
  • Huntington Beach
  • Huntington Park
  • Indio
  • La Habra
  • La Puente
  • Laguna Niguel
  • Lake Forest
  • Lancaster
  • Livermore
  • Long Beach
  • Los Angeles
  • Lynwood
  • Merced
  • Milpitas
  • Montebello
  • Moreno Valley
  • Napa
  • North Hollywood
  • Norwalk
  • Oceanside
  • Ontario
  • Oxnard
  • Pacoima
  • Palmdale
  • Panorama City
  • Pico Rivera
  • Pittsburg
  • Pomona
  • Porterville
  • Reseda
  • Rialto
  • Riverside
  • Rosemead
  • Sacramento
  • Salinas
  • San Diego
  • San Francisco
  • San Jose
  • San Pedro
  • Santa Ana
  • Simi Valley
  • South Gate
  • South San Francisco
  • Sylmar
  • Tulare
  • Union City
  • Vacaville
  • Victorville
  • Vista
  • Watsonville
  • Westminster


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