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 … [Read more...] about Asset Protection Planning: Protecting Your Spouse
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 … [Read more...] about Consumers Want to Know More About TRA 2010: The New Tax Law
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 … [Read more...] about How Does Asset Protection Planning Work?
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 … [Read more...] about Can You Reduce Your Estate Taxes