Asset Protection
What Is Asset Protection?
Asset protection is a set of strategies to protect your assets from being taken by predatory creditors. There are two parts of asset protection.
October 27, 2023
No Comments
Resources
Planning to safeguard your legacy, protect your loved ones, and honor your wishes for generations to come.
Asset Protection
Asset Protection For Your Nest Egg
Through hard work, sacrifice, and dedication, you accumulated the assets in your nest egg. Your nest egg will empower you to retire comfortably, cover your
September 24, 2024
No Comments
Estate Planning
$18,000 Gift Tax Exclusion in 2024
The IRS has increased the annual gift tax exclusion to $18,000 in 2024. This increases opportunities to pass wealth to subsequent generations tax-free.
March 4, 2024
No Comments
Estate Planning
Donor Advised Funds Explained
Donor Advised Funds promise a convenient way to benefit your favorite charities and obtain tax deductions, but they do have some disadvantages.
February 21, 2024
No Comments
Asset Protection
There Are No Guarantees with Asset Protection – But It Helps!
Although nothing guarantees protection, tools like asset protection trusts most likely will slow down or deter some potential judgment creditors.
January 21, 2024
No Comments
Asset Protection
How Anonymity Protects Assets
Attorneys are eager to sue people with assets that are easy to find and easy to collect.
January 21, 2024
No Comments
Estate Planning
The Complex Trust Is Pure Scam
Complex Trusts or Pure Trust are pure scams. You may see them advertised as Non-Grantor Irrevocable Complex Discretionary Spendthrift Trusts.
January 21, 2024
No Comments
Estate Planning
Private Foundations: Build a Family Legacy of Charitable Giving
What is a Private Foundation or Private Family Foundation, and why do so many families seem to have them? This blog explores those questions by
January 12, 2024
No Comments
Business
Corporate Transparency Act Reporting Requirements Are Here! (2024)
The Corporate Transparency Act is here! Business owners, you must comply by the end of 2024 or face serious penalties.
January 11, 2024
No Comments
Estate Planning
Charitable Remainder Trusts Explained
A charitable remainder trust or CRT begins when a donor transfers assets into the trust. The trust makes specific distributions, at least annually, to one or more non-charitable beneficiaries
December 25, 2023
No Comments
Estate Planning
CRAT & CRUT: Charitable Remainder Annuity Trusts and Charitable Remainder Unitrusts Explained
This post explores the two types of Charitable Remainder Trusts or CRTs: The Charitable Remainder Annuity Trust or CRAT and the Charitable Remainder Unitrust or CRUT
December 18, 2023
No Comments