The best asset protection plans are those designed to solve a specific problem. These 2 strategies offer examples of asset protection solutions for people working to build up their savings while working and people relying on their savings to cover living expenses.
A sophisticated financial planning tool that accomplishes a variety of valuable business, asset protection and estate planning goals.
A growing number of states have enacted laws permitting residents to legally shield their homes, savings and other assets from potential claims of creditors through establishing trusts.
What you can do now to protect yourself against any future estate tax increases.
How businesses and wealthy individuals shelter their income by shifting profit to jurisdictions with lower or no tax rates.
Many physicians use LLCs to protect their personal assets from the debts of their companies; however, LLC law is often and increasingly disregarded by the courts under a variety of legal theories.
Designing a trust as a grantor trust is beneficial in certain situations for asset protection and estate planning. In other cases, purposely avoiding grantor trust status is the correct planning option.
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