by Christine Brown | Jan 18, 2020 | Asset Protection, Estate Planning, Irrevocable Trust
Irrevocable trusts are almost certain to come up when you talk about estate planning and asset protection planning strategies with a Torrance asset protection attorney. These special types of trusts are used by estate and elder law attorneys to protect property and...
by Christine Brown | Jan 11, 2017 | Irrevocable Trust, Revocable Trust, Trusts |
Trusts are important legal relationships that involve a Grantor who creates a Trust to hold property, a Trustee who holds or manages the property in the Trust, and a Beneficiary (or Beneficiaries) who eventually receives the property. While there are many types of...
by Christine Brown | Oct 20, 2016 | Asset Protection, Estate Planning, Irrevocable Trust |
Irrevocable Trusts are an integral part of most asset protection planning strategies. They are used to protect property and assets from nursing homes and other predators and, depending on your individual situation, can end up saving you thousands of dollars. Rancho...
by Christine | Jan 18, 2016 | Asset Protection, Estate Planning, Irrevocable Trust, Trusts |
Estate planning lawyers in Torrance, California are most often considered by folks who are wanting to put their end-of-life affairs in order. The lawyer helps them to draw up important documents such as powers of attorney and medical directives, as well as to develop...
by Christine | Mar 10, 2015 | Asset Protection, Elder Law, Estate Planning, Irrevocable Trust, Long Term Care, Medi-Cal, Medi-Cal Long Term Care, Medicaid, Nursing Homes |
One attorney calls it the "Get out of Dodge plan"—the best way to keep your assets intact before applying for Medicaid to cover nursing home costs. New Jersey is one of the most restrictive states when it comes to permitting residents to preserve assets for...
by Christine | Oct 24, 2014 | Asset Protection, Bankruptcy, Bequest, Individual Retirement Accounts (IRA), Inheritance, Inherited IRAs, IRA Rollover, Irrevocable Trust, Living Trust, Probate, Trusts, Wills |
As a result, financial advisers and families are taking steps to shield IRA assets for children and other beneficiaries in case those heirs ever find themselves in bankruptcy proceedings. Is your IRA protected from creditors in the event of bankruptcy? Not anymore....
