This is a big week. The Obama Administration released a report detailing its proposed tax law changes, many of which are slated to take effect at the end of 2012. Among those changes are alterations to the current gift and…
In a very recent article, we discussed the concept of powers of appointment in asset protection trusts. The use of a power of appointment can be used in domestic and in conjunction with other tools creating offshore asset protection. We…
Asset protection lawyers spend a lot of time thinking of inventive ways to shield assets. Sometimes, however, the best solution to a problem is simply using an old tool in an new or innovative way. A special power of appointment…
No matter how much or what you own, it is important to protect from lawsuits any assets or estates, especially if you plan to leave them to heirs. Not only do you need to know what to protect, you need…
Asset Protection Beyond just Protecting from Lawsuits Over the past year I have been getting at least as many questions about protecting the "value" of the assets of my clients as I have in protecting the assets themselves. And this…
One of the most common questions I get asked is: What is the difference between revocable and irrevocable? In my world, most people are referring to "Trusts" or other estate planning vehicles. And the it can be confusing, especially with…
Does the Medical Professional exist who doesn't fear a malpractice lawsuit? Doesn't the possibility of a court judgment of several million dollars at least occasionally enter your thoughts - perhaps before you go to sleep at night, when you have your…