Asset protection trusts such as irrevocable trusts require an independent trustee Asset Protection Strategies There are many strategies to take the necessary steps in order to protect your hard earned assets. Unfortunately, there is not a simple solution for every situation. Each person will choose a different method. It is important that the method chosen will be the most beneficial in protecting all of your assets.…
Taking into account your potential inheritances, as well as your current real estate, tangible personal property, and investments might be enough to warrant pre-wedding planning. Most think a prenuptial agreement is the best way to solve this problem. Prenuptial agreements have gained in popularity over the years, but don’t think that a prenup is the only option for anyone seeking to protect assets from a potential divorce.…
When Selecting a TrusteeThe most important qualities are honesty, stability, dependability, organization, financial experience, and the ability to devote time and energy on an impartial basis for the benefit of all Beneficiaries. The Trustee is the most pivotal and critical part of any Trust Agreement. Selecting a trustee is very important. So choose wisely. Read on to learn the aspects that constitute a trust and how selecting…
