Friday, November 6, 2015

Build A Wall Around Your Assets

The assets that you have worked long and hard to accumulate can be lost within a very short period if they are not properly protected and you are sued, you file for bankruptcy or you are otherwise subject to judgments proceedings. However, understanding that certain assets should be protected from being lost in such circumstances, lawmakers have passed acts under which certain types of assets are, or can be, shielded. In this article, we'll show you what measures you can take to protect your savings.

Read more: Investopedia

Friday, October 16, 2015

No estate plan? You are making a costly mistake

Most Americans don't have a will or trust.

For those who actually do have one, it has likely been sitting in a drawer, not updated as life circumstances have changed. 

Read more: CNBC

Monday, October 5, 2015

6 Estate Planning Steps Even Broke People Need to Take

More Than a Will

No one really wants to sit around thinking about what will happen if they get seriously sick or so incapacitated they can’t make sound financial decisions — let alone contemplate the actual D word. But that doesn’t mean you can forget about estate planning altogether. It won’t just go away if you ignore it, and you could be leaving yourself vulnerable in the future.

Read more: Yahoo Finance

Friday, September 18, 2015

Ten Rules For Asset Protection Planning

Start early, keep it simple, and don’t try to hide stuff from your creditors.

There’s a gambling saying that goes something like, “If you want to be a winner, you have to walk away from the table a winner.” One time-honored method of reaching this result is to systematically take your chips off the table as you win them, so that your potential for losses stays small.

Read more: Frobes

Monday, August 24, 2015

How To Choose The Right Trustee For Your Estate

No one enjoys thinking about their own mortality, but we all want our families to be well-cared for after we’re gone. Many people set up trusts to help provide for loved ones and favorite causes after they pass away. A trust can help manage the wealth you wish to transfer and ensures the efficient distribution of assets—such as property or a sum of money—over a set period of time.

Read more: Forbes