Sep 14, 2018 | Asset Protection, Estate Planning
How much of your estate do you want to give to your kids’ bankruptcy trustee when you die? You may be saying to yourself, “Why in the world would I want to give any of my estate to my kids’ bankruptcy trustee? That’s a nonsense question!” Is it? Here’s a true...
Sep 2, 2015 | Asset Protection
You may be surprised to learn that not only has asset protection planning been around for a long time, but you have already engaged in it at some point during your life. In fact, you probably have one or more types of traditional asset protection planning in place at...
Jul 2, 2015 | Asset Protection
Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught with liability. It’s not just medical malpractice claims either – employment related issues, careless business partners and employees, contractual obligations,...
May 5, 2015 | Asset Protection
Asset protection has become a common goal of estate planning. Asset protection trusts come in many different forms and can be used to protect property for your use and benefit as well as for the use and benefit of your family. What is An Asset Protection Trust? An...
Jan 20, 2015 | Asset Protection
A common misconception is that only wealthy families and people in high risk professions need to put together an asset protection plan. But in reality, anyone can be sued. A car accident, foreclosure, unpaid medical bills, or an injured tenant can result in a...
Nov 13, 2014 | Asset Protection
WARNING: Many people believe once they set up a Revocable Living Trust and transfer assets into the Trust, those assets are protected from lawsuits. This is absolutely not true. While Trusts commonly provide asset protection for beneficiaries, few Trusts protect...