An important first step for creating an estate plan? Take an inventory of your money and property. Regardless of your wealth or financial struggles, everything you own is part of your estate and should be listed–or at least accounted for– in your inventory.
Tag Archives: Asset Protection
Assets, California Law, Estate Planning, Trusts, Uncategorized
Domestic Asset Protection Trusts Explained
02
Oct
Oct
DAPT laws vary significantly by state. Residency requirements vary from state to state, as does the required connection of the grantor with the DAPT state.
21
Aug
Aug
Your attorney can design the trust to pay the grantor a stream of income at least annually and over a specific term of years. At the end of the specified term, payments end.
Estate Planning, Estates, Retirement, Taxes, Uncategorized
Coordinate Your Estate & Retirement Plans
05
Jul
Jul
Many people think of retirement funds as monolithic resources. That’s understandable. After all; we work for years socking away money for the future. Unfortunately, though, rising healthcare costs can erode even the largest retirement account. Retirement accounts typically form the largest portion of most estates. So, set up proper management to handle your fund. The […]
Asset Protection Strategies Estate planning is not only about detailing your wishes after you’re gone. It also means protecting your assets for as long as possible, so you can enjoy the fruits of your labor. Understand the Attorney’s Role Before diving into asset protection strategies, it’s crucial to understand the scope of assistance you’ll receive […]