First, a trust is a contract that names a trustee to manage any assets owned by the trust. A grantor (aka settlor) gives something to another person with contractual instructions as to what they can and cannot do with the prope…
Author Archives: Ken
Watch the video on
Like this video? Subscribe to our channel.
Living trusts (revocable trusts) and wills are methods for carrying out your wishes and providing instructions for disposing of your real and personal prop…
21
Mar
Mar
The A/B Trust used to be one of the most popular estate planning products in a lawyer’s arsenal. Here’s how it previously worked: The first spouse dies and that spouse’s assets are placed into a trust using the first spouse’s estate tax ex…
21
Feb
Feb
Asset protection trusts such as irrevocable trusts require an independent trustee
Asset Protection Strategies
There are many strategies to take the necessary steps in order to protec…
Taking into account your potential inheritances, as well as your current real estate, tangible personal property, and investments might be enough to warrant pre-wedding planning. Most think a prenuptial agreement is the best way to solve…
30
Sep
Sep
When Selecting a TrusteeThe most important qualities are honesty, stability, dependability, organization, financial experience, and the ability to devote time and energy on an impartial basis for the benefit of all Beneficiaries. The Trust…
05
Aug
Aug
We’re asked often “should I use a QPRT as asset protection”? When you have worked hard and invested time, effort and money to increase the value of your property, then it makes sense for you to hand the family home over to your children. T…
Watch the video on Irrevocable Trust vs Will: The Top Five Differences
Like this video? Subscribe to our channel.
When meeting with your financial planner to prepare or modify your estate plan, a discussi…
05
May
May
The Entire Estate Plan
What do Jimi Hendrix, Steve McNair, Michael Jackson, and Bob Marley all have in common? They all died without a proper estate plan or even a will and their heirs paid the price in legal fees, court costs…
Asset Protection, Estate Planning, Lawsuit
Fraudulent Transfers, Civil Conspiracy, Uniform Fraudulent Transfer Act
07
Feb
Feb
What are Fraudulent Transfers? What is Civil Conspiracy? What is the Uniform Fraudulent Act state regarding LLC and creditor claims? Discuss the Single Member LLC within the context of owning public shares in a stock and its role in asset…