One aspect of asset protection planning that is difficult for most people is making a proper determination of who is likely to be a potential creditor. Those who are able to make this determination, are better able to make an effective asset protection plan. It is easier to plan when you know exactly what you are planning for.
Topics covered in this report include:
- There is nothing illegal about asset protection planning
- Take action before problems arise
- Be careful in determining who will be a creditor
- Customize your own asset protection plan
- Be sure to use the right type of trust
- Lack of proper estate planning
Click here to read the whole article or download the PDF.
Latest posts by Gerald M. Dorn, Estate Planning Attorney (see all)
- Getting Ready for 2021 - December 15, 2020
- Myths We Tell Ourselves About Estate Planning - October 13, 2020
- Living Trusts Streamline the Estate Administration Process - June 8, 2020