Asset Protection

Hearing from a number of people lately who are straight up giving their assets away to family members in an attempt to hinder a pursuing creditor.

This is not a good idea. This type of transfer will be undone by a court.

Even if it were an effective strategy for asset protection, what would happen later? What if your friend/family/accomplice didn’t give you your stuff back?

[Read more…] about Panic gifting (a bad asset protection strategy)

It’s best to start your asset protection plan BEFORE you need your asset protection plan. If you wait until after there is a legal threat, most if not all planning options will be off the table.

[Read more…] about Start early (with asset protection)

Treat yourself right in the beginning. It’s easier than trying to fix yourself at the end.

[Read more…] about Stretch it out

One of the most common questions we get involves putting real estate into LLCs

[Read more…] about Can you put your home in an LLC?

An asset protection trust is optimized for protecting your assets for your benefit during your lifetime.

An estate planning trust is optimized for passing on your assets to your heirs in the most tax efficient way possible.

[Read more…] about Difference between asset protection trust and estate planning trust