Make Sure Nobody Steals Your Money

Make Sure Nobody Steals your Money

Estate planning goals for high-net-worth individuals (HNWI) should include protecting inheritances for their heirs, minimizing estate tax liability, and avoiding the probate process. Living trusts are commonly used by both attorneys and financial advisors as part of the estate planning process because they ensure that assets are distributed to the correct individuals and/or entities. Trusts also help minimize estate taxes by allowing you to remove assets from your estate so […]

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Finding an offshore Trust company

How can you find an offshore trust company?

An offshore trust is one that a settlor establishes in a jurisdiction which is different from the one in which they reside. Offshore trusts are very similar to traditional trusts, with one substantial difference: they don’t have to comply when a judge in separate jurisdiction makes a demand. In other words, judges in one country don’t have jurisdiction over another. Due in part to that fact, offshore trusts can be […]

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Are foreign trusts always effective to thwart creditors

Are Foreign Trusts Effective to Thwart Creditors?

You’ve worked hard to achieve your legacy, and you want to be able to use it to provide lasting comfort and financial security for yourself and your loved ones. So, the last thing you’d want to do is to put your wealth at risk from creditors. Protecting assets and making them less vulnerable to creditors that you may not have anticipated is one of the purposes of asset protection planning. […]

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Asset protection laws in California

Asset Protection Laws in California

Bankruptcy ranks among everyone’s worst fears. Losing all of your assets and savings is a worst-case scenario, but it needn’t be yours. Varying by state, asset protection laws can help protect certain types of assets from liquidation or seizure during bankruptcy. However, in order to ensure that your assets are protected to the maximum extent of the law, you need plenty of foresight and expert guidance. In the state of […]

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image of the world globe on a dollar bill

Are there disadvantages to foreign trusts?

Foreign Asset Protection – the Pros and Cons If you are planning ahead for retirement, you will want to consider all of your options when it comes to getting the most out of your money. Whether it is through investing, speculating or good old-fashioned savings, you want to be proactive in providing for your family and children. You are probably already familiar with those options, but have you thought about […]

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Can a retirement plan protect your assets

Can a retirement plan protect your assets?

Setting up a solid retirement plan now is a crucial step toward ensuring financial security in the future. A successful investment strategy allows you to live comfortably long after you’ve left the workforce. Other than any homes or property you own, your retirement accounts are generally the most valuable assets you have. Given that fact along with the litigious nature of the country we live in, it’s vital to make […]

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Can't Trust the Will Executor

What to do if you can’t trust the will executor

The purpose of a will is quite simple: a legal document recording what should be done with property, assets and personal belongings in the case of death. However, the actual process of executing a will is actually quite involved, requiring an assigned executor to complete it. However, this process can become even more complex in the case you can’t trust the will executor. In this instance, what can you do […]

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What you need to know about giving money to your grandchildren

If you are a grandparent, you know the joys only grandchildren can bring. Giving money to your grandchildren seems only natural, whether it is a crisp twenty in a birthday card or a crumpled five for ice cream. However, what about a living trust? Though deciding to secure your grandchildren’s future by leaving them your assets is a noble endeavor, you are certainly being very noble, but what you’ve set […]

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Financial planning advice for executive women

Financial planning advice for executive women

As America’s society is becoming more progressive concerning gender roles, more women than ever are climbing the corporate ladder. The latest influential and affluent demographic in the states, career women aren’t just making money, but they’re making a lot of it. According to the Boston Consulting Group, women’s wealth worldwide will increase 7% a year for a total of $72.1 trillion. At first, it seems that women have been succeeding […]

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How to Handle Frivolous Lawsuits

A frivolous lawsuit is one in that has no legal merit and, therefore, has no chance of actually succeeding.  A frivolous lawsuit is often filed with the intention of harassing, annoying, or disturbing the other party in question. In some cases, the lawsuit is filed to limit the collection and/or foreclosure proceedings on an outstanding debt as a possible strategy to settle the case for less. Litigious people will threaten […]

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