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General Asset Protection Questions
What is asset protection planning?
Why might I need asset protection?
What are some simple asset protection techniques?
How do I know if I need to employ additional asset protection techniques?
Can I own property without exposing it to risk of loss?
Do I have to employ asset protection for all types of assets?
How can I protect my personal residence?
How can I use a retirement plan to protect assets?
What techniques can I use with my business property?
What protection is available by a revocable ‘living’ trust?
What protection is available through a family limited partnership?
Can I use bankruptcy to protect my assets?
What about foreign trusts and other off-shore entities?
Why do I have to be careful about ‘fraudulent transfer rules?’
How can a trust lower the federal transfer tax liability?
How can a trust prevent a conservatorship proceeding?
I am middle age, engaged to be married shortly. I have a 19 and 24-year old; my fiance has a 12 and 10 year old. Each of us has wills leaving our assets to our own children. When we marry, what should be done in regard to our estates? Our assets are not likely to exceed $600,000.
Since my spouse died, I was thinking about adding the names of my adult children to my house deed. Is this a good idea?
Asset Protection Forms
What are some simple asset protection techniques?
How do I know if I need to employ additional asset protection techniques?
Asset search
Can I own property without exposing it to risk of loss?
Bankruptcy
Can I use bankruptcy to protect my assets?
Business property
What techniques can I use with my business property?
Fraudulent transfer
Why do I have to be careful about ‘fraudulent transfer rules?’
Homes
How can I protect my personal residence?
Since my spouse died, I was thinking about adding the names of my adult children to my house deed. Is this a good idea?
Identifying
Do I have to employ asset protection for all types of assets?
My stepmother gave up her right to an outright distribution of my father's 401k plan through a post nuptial agreement. The agreement as well as my father's will clearly state that she is to get 10% of the principal value of the plan per year while my brother and I receive the balance. My stepmom is now trying to void the post-nup because my father did not disclose a life insurance policy worth 100k. Does she have a leg to stand on?
Need for asset protection
What is asset protection planning?
Why might I need asset protection?
How do I know if I need to employ additional asset protection techniques?
Can I own property without exposing it to risk of loss?
Do I have to employ asset protection for all types of assets?
How can I protect my personal residence?
How can I use a retirement plan to protect assets?
Are there techniques available to reduce or avoid estate taxes?
What sort of instructions are made as part of an estate plan?
What are some typical estate planning documents?
When should I start my estate plan?
Who should have an estate plan?
How can a trust lower the federal transfer tax liability?
How can a trust prevent a conservatorship proceeding?
My mother is quite ill. I think she is dying. My sister, who has never been very caring or responsible, moved in with mom to take care of her 18 months ago. Before that, I took care of her for eight years. Now my sister is making it difficult for me to see mom, and I have heard that she is saying untrue things about me to her. What should I do?
Off-shore entities
What about foreign trusts and other off-shore entities?
Partnership
How about general partnerships?
What protection is available through a family limited partnership?
Retirement plan
Do I have to employ asset protection for all types of assets?
How can I use a retirement plan to protect assets?
Revocable trust
What protection is available by a revocable ‘living’ trust?
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