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22 Sep 2021, 12:00 am
Living trusts are a great tool for managing assets in the event of incapacity. [read post]
17 Mar 2018, 1:00 am
It becomes important because good estate planning, being done by people who focus on asset protection while you’re in retirement and while you live the rest of your days, that kind of planning can save serious money. [read post]
27 Dec 2014, 9:30 am
Americans live longer now than ever before, and often spend more time in their senior years having diminished ability to manage their own affairs, or even to take care of themselves. [read post]
27 Mar 2014, 8:00 am
The consequences of not properly funding your trust include: Assets held outside the trust cannot be managed by the trustee. [read post]
4 Jan 2017, 6:20 am
A living trust should also name a successor trustee to take control over the management of the trust after the settlor passes away or in the event he or she becomes incapacitated. [read post]
3 Nov 2023, 8:10 am
As an organization, investing in financial wellness plans for your employees can have a positive impact on their lives, both personally and professionally. [read post]
25 May 2017, 2:44 pm
Why a revocable living trust cannot protect assets When you create a revocable family trust, and in particular a living trust, you usually name yourself as the trustee so that you can retain control over your assets during your lifetime. [read post]
4 Mar 2024, 1:28 pm
For example, a revocable living trust enables you to manage your out-of-state real property assets during your lifetime. [read post]
8 Oct 2008, 1:13 pm
You can deposit assets in your own trust and ask the trustee to manage them prudently and pay the income to you, so you have more time for hobbies, travel and family. [read post]
2 Sep 2013, 4:02 am
Whether you choose a revocable living trust, various kinds of irrevocable trusts, or even a testamentary trust, creating a trust inventory or schedule of assets can greatly help you ensure that the trust operates properly. [read post]
3 Feb 2009, 10:37 am
With a Medicaid Asset Protection Trust a person or couple can transfer some of their property to the trust to hold and manage for their benefit during their live with the remainder paid to their family after their death. [read post]
22 Apr 2011, 5:30 am
The post Asset Protection And Your Estate appeared first on Augulis Law Firm. [read post]
14 Feb 2011, 12:11 pm
The "trustee" manages the trust assets. [read post]
28 Sep 2020, 1:21 pm
These individuals often seek attorneys who can help manage and protect their digital assets and help them navigate the legal framework controlling these assets. [read post]
6 May 2013, 9:57 am
As a result, there is no asset protection or income tax protection afforded by a living trust. [read post]
17 Feb 2022, 9:05 am
To establish a living trust, the trust grantor or trustor creates the will and appoints a trustee to manage the trust for the benefit of the designated trust beneficiaries. [read post]
13 Mar 2013, 10:58 pm
We mingle assets. [read post]
22 Mar 2015, 4:25 pm
Establishing a Trust In establishing a trust, it is crucial to select a successor trustee who will manage your assets according to your wishes. [read post]
29 Nov 2011, 3:00 am
More specifically, owners of unique assets - such as family businesses, legacy real estate and valuable art, coin and other collections - need to consider specialized risk management. [read post]
22 Nov 2014, 9:43 am
Funding refers to taking assets that are titled in the individual Grantor’s name or in joint names with others and retitling them into the name of the Grantor’s Revocable Living Trust, or taking assets that require a beneficiary designation and renaming the Grantor’s Revocable Living Trust as the primary beneficiary of those assets. [read post]
