What Is Good Asset Protection? Part 1

Part 1: Steps to good asset protection and wealth preservation. Know these facts of asset protection. Discusses what assets to protect and consider, domestic asset protection and foreign or offshore asset protection strategies and platforms. From Grantor Trust and Non-Grantor Trust to Foreign Asset Protection Trust (FAPT) and International Business Company (IBC). How to avoid fraudulent conveyance?

The Estate Plan Of Anna Nicole Smith - Lessons For All Of Us

The best time to engage in estate planning is when we are healthy. The example of Anna Nicole Smith and her estate plan is an instructive lesson on how not to handle your own estate planning issues.

Offshore Asset Protection

Offshore asset protection strategies to protect your savings, investments

Asset Protection Trust

About asset protection as trust; Define Grantor.

Setting Up a Special Needs Trust for a Disabled Relative

Many of us have a family member or close relative with a disability. We'd like to leave a portion of our estate to help this family member but are unsure how best to do this. Should we just make an outright gift? What about a trust? This article takes a look at some of the options.

Children, Guardianships and Wills: Estate Planning for Young Families

Consider this scenario: Both you and your spouse are young with two small children. You don't make much; in fact, you might be just scraping by. Even then, you need a will.

Asset Protection In Relation To Medicaid And Bankruptcy

Advocating the proper asset protection measure is of crucial importance.

Getting the Right Inheritance - Estate Planning Through a Family Limited Partnership

A Family Limited Partnership (FLP) is a powerful tool that you can use in estate planning. An FLP can protect you from outlandish lawsuits, liability claims that are false in nature and general litigation that is not your fault. You can establish an estate plan through a Family Limited Partnership and thereby get around inheritance taxes.

Understanding The Benefits Of Forming Trusts

What is a Trust And Who Are The Settlor, Trustee And Beneficiaries? A trust is an institute of a special type of structure capable of holding title of the property-providing benefits to one or more people.

Enduring Power of Attorney Being Phased Out

From the first Monday in April next year, the Enduring Power of Attorney will be banished forever. Its replacement will be more complex to get and is likely to cost more.

Powers Of Attorney Vs. Successor Trustees - Does One Have More Power Than The Other

Question: I am listed as the Successor trustee, my bother is listed as the Durable Power of Attorney for property management of my father's estate. Does one have more power than the other. Does the POA have the power to sell my dad's property or do I the successor? Thanks ahead of time - really confused. N.H.

Why Estate Planning Is a Woman's Issue

In a nation consumed with wealth-building, it's easy to forget that earning money is only half the financial security battle. Equally important is protecting our hard-won financial security with a well-designed estate plan. For women, the importance of planning is paramount, because most often women must cope when loved ones become disabled or die.

What is Your Legacy?

How will you be remembered when you are gone?