Asset Protection Archive

August 10,
2022

Ensuring Your Business Assets Are Protected

Business assets refer to anything of value that a business owns. Business assets can be both tangible and intangible. Tangible assets have a monetary value while intangible assets are non-physical and can increase the revenue of a company. Examples of tangible assets include real estate, office furniture, inventory, company-owned vehicles and production equipment. Non-tangible assets can include employee expertise, company slogans and trademarks.

March 23,
2021

What Assets Do I Put in My Trust?

Savvy estate planners know that revocable living trusts are a cornerstone of any comprehensive estate plan. However, knowing exactly what to put in the estate plan can be a challenge.

December 15,
2020

Practical Christmas Gifts: Estate Planning and Asset Protection

No matter how you celebrate the holiday season, this time of year is a popular time to take a step back from the hustle and bustle of everyday life. It is a time to focus more on our families and the things that bring us joy. It is also common to give presents at this time of year to celebrate our most important relationships. Present-shopping can be a bit of a challenge for many Americans, particularly when one is shopping for someone who seems to have everything.

November 04,
2020

Can a Trust Protect My Assets?

Determining who receives your assets after your death is difficult enough, and that is before the paperwork gets involved. One of the best tools in this planning process is a living trust, which can help ensure that your assets go to your intended beneficiaries as quickly as possible with little fuss.

August 26,
2020

Removing Children from Title to Your Real Estate

Many people believe that it is a smart idea to add their children on the deed to their home for inheritance purposes. Generally, the reasons for this are honest in nature. In the majority of cases, people want to help their heirs avoid probate or inheritance tax and think adding the child’s name to the deed is a form of asset protection. Sometimes they may also want to put their child’s name on a house deed to prevent the sale of the home to pay for assisted living expenses.

July 27,
2020

Did You Know Series: Protection for and Appointed Access to Your Digital Assets

Traditionally when we think about the administration of a decedent’s estate, we envision a process that focuses on the individual’s tangible personal property and belongings, financial assets, business interests, and real estate.