Tag Archives: Asset Protection

The Death of Whitney’s Daughter

> Outdated estate planning documents can be as dangerous as not having an estate plan at all. > A proper estate plan should provide significant asset protection and oversight for your beneficiaries. > A change in your family or financial … more

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The Value of Proper Estate Planning

> Reducing the estate tax and administration burden on your family during a difficult time is an invaluable benefit of proper estate planning. > An incomplete estate plan can lead to extensive legal costs and permanently strained relationships. > The … more

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Small but Significant Change Proposed to Special Needs Trust Law

The addition of two words to the Social Security Act could have a significant effect on the law governing special needs trusts. A special (or supplemental) needs trust is established for the benefit of a disabled individual to provide for … more

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Your Estate Planning Goals

POWER POINTS + Estate planning is about much more than just who will receive your assets after death. + Proper estate planning can reduce the cost, time and likelihood of conflict when your assets are to be transferred to your … more

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Robin Williams Understood the Importance of Estate Planning

POWER POINTS + Your estate plan can remain private and avoid court involvement when drafted and maintained properly. + Have an ongoing relationship with your advisor; a proper estate plan is not something you should stick in the closet and … more

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Choosing the Right Trustee for You and Your Family

POWER POINTS + Your choice of trustee can be the most important factor in efficient administration, conflict avoidance and asset protection. + It is important to understand the powers and responsibilities of the trustee, particularly as they relate to unexpected … more

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Estate Planning to Keep Your Children Motivated

POWER POINTS: + You want to provide for your children, but you do not want them to depend on their inheritance. + A proper estate plan can limit distributions to your beneficiaries to provide for basic necessities but not luxuries. … more

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Phillip Seymour Hoffman’s Questionable Estate Plan

Actor Phillip Seymour Hoffman was found dead in his Manhattan home on February 2nd from an apparent drug overdose.  Hoffman was 46 years old and was not married but had three minor children with his girlfriend, Marianne O’Donnell.  He left … more

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Link: Asset Protection

Some good information in this article, but make sure to consult an attorney for details on the costs and benefits of these techniques.  Each situation is different and general articles and information may not apply to you.  Additionally, it should … more

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NFL Quarterback and Heisman Trophy Winner Broke

Vince Young has quite the college and professional football resume.  A Rose Bowl victory and BCS championship with the Texas Longhorns and a Heisman Trophy resulted in Young becoming the third overall draft pick in the 2006 NFL draft.  From … more

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