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Asset Protection for Landlords
Asset Protection applies to anyone who has assets they really want to keep. However, for some professions the attorneys consider it a bit more important than others. Of course we would include the...
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Asset Protection for Real Estate
There have always been detractors to Asset Protection Trusts for real estate. Most have been less than fully informed or have had an alternate agenda or product to promote. However, there is...
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Asset Protection or Bankruptcy
Asset protection planning is closely related to financial planning. Both asset protection and wealth preservation strategies are about managing risk, which requires careful planning and appropriate...
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Fraudulent Conveyance Explained
We spend a lot of time thinking about and writing about fraudulent conveyances here. That’s because a fraudulent conveyance can totally defeat an asset protection plan, no matter how good your asset...
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Lottery Trust
If you’re one of the lucky few to strike it rich in the state lottery, congratulations! But before you jet off to the tropics, break ground on that new four-story mansion, or start giving out a bunch...
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Domestic Asset Protection Trusts
Whether you have a higher net worth or are in a high-liability profession, a domestic asset protection trust can help protect you and your family from lawsuits. If you wish to stop the claims of...
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FLP for Asset Protection in Utah
We’ve previously talked about family savings trusts and compared an FLP and LLC here and here. If you’re wondering whether an FLP (Family Limited Partnership) will really work for asset protection,...
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Good Resources On Estate Planning Trusts
Trusts can be effective tools for assisting and making life easier for a surviving spouse. They can also be used as part of a strategy to reduce estate settlement costs. People might do an excellent...
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Pros And Cons Of Asset Protection
Asset protection is the concept of and strategies for guarding one’s wealth. Asset protection is a component of financial planning intended to protect one’s assets from creditor claims. Individuals...
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A Comprehensive Guide to Asset Protection and Estate Planning
A trust is basically a legal contract created to transfer one’s properties and assets to another person at a certain point in time. A trust is a legal entity. It’s like a real, living, breathing...
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