You spend your time and money collecting items. In fact, it’s your hobby and your way of life. What do you do for those collectibles if you pass away? Most people forget that these collectibles...
If you give your daughter her inheritance outright, it can be taken by creditors and her divorcing spouse.
If you give your daughter her inheritance in an...
Jan’s own assets can be taken in the car accident lawsuit; however, the assets in the protected trust share cannot be seized.
When the lawsuit is over, Jan still has her $400,000 inheritance.
There are lots of ways you can have your trust distribute money to your beneficiaries. Here is a checklist of some of the jargon, considerations, and approaches involved in trust distribution. Too often people view...
Asset protection planning is part of many good estate plans. You can provide asset protection for the inheritance you leave to your spouse so it can’t be taken by a second spouse, bankruptcy, or...
By: Stephen C. Hartnett, J.D., LL.M., Associate Director of Education, American Academy of Estate Planning Attorneys After much wrangling and politics, on December 17th, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job...
The basic of asset protection planning involve rearranging the ownership of assets to make them out of reach of potential creditors as a means for preparing for the possibility of future lawsuits. In many ways,...
Will your estate owe federal estate taxes after you pass away? These are federal taxes assessed to estates larger than the federal exemption level. Eligible estates will owe a hefty tax rate for items above...
Asset protection is the act of legally shielding a physical or financial asset from a creditor judgment or negligence lawsuit. Protecting your assets could keep them safe for your lifetime and allow them to pass...
Special Reports
Newsletters
Estate Planning Articles
