If you work a full-time job in Bridgewater, then you likely receive annual visits from a New Jersey insurance representative. They probably ask if you wish to make changes to your coverage or beneficiary designations. They probably offer you long-term disability...
Asset Protection Planning
When is asset protection important for people in New Jersey?
If you have worked hard during a career and earned everything you have, it is almost a reflex to protect it for yourself in later life as well as for your children. When it applies to the law, there are various laws in different jurisdictions that help people protect...
Trusts and insurance are key asset protection planning approaches
If you were to ask most Americans what estate planning entails, they'd likely say that it involves drafting a will, a power of attorney or maybe setting up a trust or something else along those lines. If asked to give a reason why they need each of these, they'd...
Protecting children via trust when getting remarried
It's not out of the ordinary to get married two times in life. It's also not out of the ordinary to have children from your first marriage move in with you and your new spouse in Bridgewater, New Jersey. What many parents need to realize is that they have to protect...
How can setting up a Delaware trust protect my assets?
The estate planning process is to be able to pass on your legacy to future generations. One key way to do that is by preserving the value of the assets that you've amassed during your lifetime. While many think that the best way to do this is by placing their funds in...
Are there good ways to protect your assets from creditors?
As you age, it is important to begin thinking about how to protect your assets. Even younger individuals need to do this, particularly if they've inherited money or earn a lot each year.Asset protection isn't just for those wanting to preserve their assets for their...
Should you choose irrevocable trusts to protect your assets?
You've worked hard to live a life with many assets, and at this point, you just want to protect as many of them as you can. As you age, you know you could risk losing assets to the government if you do not plan carefully.There is an easy solution. If you want to...
A trust could protect your kids from their own spendthrift ways
When setting up an estate plan, one of the most important tools to consider is a trust. There are a wide variety of trusts you can use for a range of purposes. One of the largest benefits is that trust assets don't have to go through probate, and good planners may be...