Quick Answer
There is a lot of nuance, but the general rule of thumb in asset protection law is a minimum of 2 years before any lawsuit, ideally 4 to 5 years. Gift transfers to irrevocable trusts made within 2 years of a bankruptcy filing…
Why High-Net-Worth Business Owners Face Critical Asset Protection Gaps
You built your business from the ground up. Your real estate portfolio is substantial. Your investments are diverse. Yet most wealthy entrepreneurs operate with a dang…
Best Estate Planning Software Tools for High-Net-Worth Individuals
High-net-worth individuals face unique challenges that standard estate planning approaches simply don’t address. Without the right tools and strategy, your assets remain v…
Property planning refers not just to transfer assets. This requires some careful thought as to who the recipients will be and how distributions will happen. A Beneficiary of a Trust is the person or the entity to whom the assets in a trust…
Ascertainable Standard vs Discretionary Trusts: Protecting Your Wealth from Creditors
The difference between how your trust distributes money can mean the difference between keeping your assets safe and losing them to a lawsuit. We’ve wor…
Understanding Irrevocable Trust Court Decisions and Its Impact on Asset Protection
Trust court cases shape how far an irrevocable trust can go in shielding wealth. Looking at real irrevocable trust litigation outcomes shows the patterns j…
Cryptocurrency has created a new category of high-net-worth individual: people who acquired Bitcoin, Ethereum, or other digital assets years ago, watched them appreciate by thousands of percent, and now hold significant wealth in a form of…
You just learned that a lawsuit has been filed against you. Or worse — a judgment has already been entered. Your mind immediately races to one question: is what you own safe? If your assets are sitting in an irrevocable trust, the answer d…
📋 Key Takeaways
The single most consequential question in irrevocable trust planning is not which state or which assets — it is who benefits from the trust.
A self-settled trust — where the grantor remains a beneficiary — provides…
Olmstead v. Federal Trade Commission – Establishing Trust Creditor Protection Standards
Olmstead v. Federal Trade Commission, 44 So. 3d 76 (Fla. 2010), is often cited alongside irrevocable trust litigation cases because it reset expectati…