One of the most common goals in estate planning is to ensure that your assets will pass on to your heirs upon your death, instead of your creditors. Trusts are particularly useful legal tools for protecting assets, but not every trust can accomplish that goal. Whether your trust is revocable or irrevocable, meaning whether its terms can be changed or not, makes a difference when it comes to asset protection. When clients ask whether revocable trusts provide asset protection, the answer, … [Read more...] about Do Revocable Trusts Provide Asset Protection?
Asset Protection Planning
Protecting Your Assets From Lawsuits in California from Scott Schomer Shielding your assets from creditors is an important part of business and estate planning. When we think of protecting our assets, we often think of sheltering our assets from bill collectors, mortgage companies, etc. Learn more about protecting your assets in California in this presentation. … [Read more...] about Protecting Your Assets From Lawsuits in California