Archive for November, 2014

Long Term Care Insurance Costs Takes Down Genworth

Our estate planning blog reviews Genworth’s massive portfolio of long-term care insurance costs which hit their bottom line harder than anyone expected. Since its spinoff from GE, Genworth has been engaged in developing a massive portfolio of long-term care insurance products…

LLC and Asset Protection: Do they work?

In recent years, courts have slowly eroded the protection provided by limited liability companies, allowing creditors to take business assets to pay an owner’s debts in certain situations. As a result, forming an LLC to protect personal assets may not…

Revocable vs Irrevocable Trust Differences

When choosing whether to establish a revocable or irrevocable trust, it is important to understand what each type of trust does and compare your goals to the benefits of each type of trust has. There are seven key differences between revocable…

Medicaid Trust and Long-Term Care

Our estate planning blog know that some people may fear that the nature of an Medicaid trust means the asset planning vehicle is too rigid or inflexible for their needs. However, there are ways that the grantor of a Medicaid trust may…

Asset Protection For Business Owners

Misconceptions of Asset Protection For Business Owners Asset Protection For Business Owners is critical no matter how much you’re worth because the perception is if that you are a business owner, you are wealthy. One of the most common reasons…

Best Asset Protection Strategies

Our estate planning blog reviews what many people looking to protect assets using the strongest legal methods are typically curious about what those “best” methods are to protect their property. Typically people are mostly worried about their assets being at…

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