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?
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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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
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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