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             29 March, 2024
 

    
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Asset Protection Iron Triangle (Popularity: )
http://corp-llc-bct.com
Asset protection is not just for the wealthy any longer. When a middle class home can easily run a half million dollars in Florida, and over a million in New York or California, anyone can become a target of lawsuits, divorce courts, and the IRS. You have to dig a well before you are thirsty, or in this case, build a legal fortress before invading barbarians reach your gate. Your tools to ...

Second Marriages in Florida - How to Protect Your Estate Plan (Popularity: )
http://www.dean-law.com
Second marriages in Florida create a number of issues that, if not properly addressed, could make a shambles of your estate plan. It is very common for a widow or widower to remarry. Most of these persons still plan to leave their estate to their children from the first marriage. Their trusts and wills distribute all of their assets to the children, so they see no need to change their estate ...

Jumbo IRA or Pension - 5 Major Income and Tax Advantages of an LAP Plan (Popularity: )
http://www.willsvstrusts.com
Do you have a jumbo IRA or pension plan? In the next 2 minutes you will learn how to increase your spendable income while you live and keep it from being taxed as much as 75% after you die! Just think, you can reduce the estate tax by using an LAP to remove this large asset from the value of your estate, provide the funds to pay any taxes due and ...

Asset Protection Options (Popularity: )
http://www.theestateplanningguide.com
When thinking of your assets and obviously you have or you wouldn't have found this article, you have looked into different options there are out there for you to protect your investments. These options are designed for both Offshore and Domestic assets. When deciding on which protection you need it also depends on the monetary value of your property. You need to also factor in the type of asset it ...

Enduring Power of Attorney Being Phased Out Last Month to Act (Popularity: )
http://www.gb-legal.com
In the UK the new mental capacity act is due to come into force on the first Monday in April 2007. The Act governs decision-making on behalf of adults who lack mental capacity, both where they lose capacity at some point in their lives, and where the incapacitating condition has been present since birth. This act covers all decisions, including personal welfare and financial matters, and covers decision-making on their behalf by ...

A Joint Tenancy Is Where Two Persons Co-Own A Property (Popularity: )
http://www.theestateplanningguide.com
A Joint Tenancy is where you and another person co-own or cohabitate the same property. Joint Tenancy also refers to where a married couple owns a home or property together. You might also want to know that a Joint Tenancy can have more than two people who own the property. The only stipulation to this is that no matter how many people own the property, they all own equal parts. ...

Who Should Be an Executor - Top Tips For Choosing the Right People (Popularity: )
http://financeontheweb.co.uk
Being an Executor in a Will is an important role with quite a bit of responsibility. When you are writing your Will the choice you make on who will be your executors will have an impact much later on when unfortunately you will not be around. Your Executors will be carrying out your wishes as you have stipulated in your Will. They have no say in who gets what (unless ...

Giving the Gift of Legacy (Popularity: )
http://www.donwestjr.com
Have you ever stopped to wonder what gift your children or grandchildren would most value from you long after you are gone? The answer may be simply your story. Nothing could be more priceless to a child than to read and reflect on words of a loved one, drafted to transmit a three-dimensional perspective in a two-dimensional note. Not everyone can pass along a financial legacy, but everybody can transmit ...

Offshore Bank Accounts Pros, Cons, Interest Benefits (Popularity: )
http://www.ultratrust.com
Opening an offshore bank account is a matter which should be discussed in detail with a financial advisor such as Estate Street Partners and possibly a lawyer, depending on your individual circumstances and reasons for wanting the account. There has been negative press involving owners of offshore accounts who abuse the bank services to launder money or commit other forms of fraud (tax evasion, hiding money for divorce purposes, etc). CONS ...

The Practical Workings of Trust Funds (Popularity: )
http://www.trustfundcompanies.com
You've heard about people using trust funds for everything from handling their affairs while they travel to providing for orderly distributions to heirs when they pass away. So, just how do these funds work? Parents often wonder how to provide for their children when they grow older, and one of the best ways to do so is to set up a trust fund. A trust is a logical step for those ...