Our research has discovered these three mistakes in asset protection planning that are commonly made by clients. Asset Protection Planning Mistakes Placing assets in a revocable trust. A revocable trust is just that…revocable! The person who creates it can revoke it whenever they want. If the trust’s creator revokes the …
Read MoreAsset Protection and Estate Planning: What You Need to Know About It Today
You can use estate planning as an asset protection tool. Asset protection is the steps you take to keep your property from being taken away if a lawsuit is filed against you and you lose. How can you protect your assets from being liquidated by a judgment creditor? The first, …
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