Asset Protection Planning

Asset and estate protection tools provide families and businesses the flexibility they need to secure their wealth. Unexpected changes like death taxes or failing marriages should not penalize a person who prepares.  New Jersey has plenty of trust options for people...

Limited liability corporations serve many purposes, but one of the most important is in the name. These business structures limit personal liability of the members of the LLC. If you are considering adding your spouse to your company's list of owners, liability would...

People who want to create or review their estate plan will always want to do so with an eye on their current situation and any changes that may have taken place or that may be on the horizon. These changes may pertain to their assets or debts, such as the purchase of...

There are many different types of trusts that exist. A discretionary one is quite common. It's essentially an asset protection tool that allows for a grantor to appoint a trustee to make distributions. This type of trust is also different from other types of them in...

Many individuals set up a revocable living trust to provide for their loved ones after they're gone. While many people assume that they have to have a tremendous amount of wealth to set up one of these, they don't. You can take some of your most valuable assets and...

Irrevocable trusts are those that generally cannot be modified once they've been formed and funded. This means that even the grantor, or the person who sets it up, generally can't ask to have the property that they've placed into the trust back. That individual can't...

Many workers are allowed to purchase disability insurance when renewing their employment benefits each year. Others have the option of purchasing such coverage on their own in the marketplace. Few individuals take advantage of the opportunity to purchase disability...

When most individuals hear the terminology "asset protection," they often think about making sure that their home, car or tangible property are well-maintained so that they retain their value across the years. Few individuals think about how a lawsuit filed against...

Whether you're just getting around to planning your estate or you're reviewing the existing plan that you have in place, you likely are well aware of how important asset protection is to this process. Setting up a trust in Delaware carries with it many different...

One of the reasons that individuals set up irrevocable trusts is to make sure that their wishes will be upheld once they die. While a will can help you accomplish this, it requires the involvement of the probate court. Irrevocable and other types of trusts generally...