Among other strategies, the trusts that would be used to protect assets would be irrevocable trusts. With this type of trust, you surrender the incidents of ownership. As a result, the assets in the trust would not be in play if you were to become the target of a lawsuit. Learn more about revocable living trust protect assets in this presentation.
- How Can I Plan for Business Succession? - February 1, 2023
- How to Use the Annual Gift Tax Exclusion Amount - January 31, 2023
- Planning for the International Client - January 29, 2023
Leave a Reply
You must be logged in to post a comment.