Search Results: "Inheritance Protection"
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These are: (1) the assets will be protected from their spouse in the event of divorce (2) the assets will be protected from their creditors in the event of a lawsuit or other financial hardship, and (3) on your child's ...
These are: (1) the assets will be protected from their spouse in the event of divorce (2) the assets may be protected from their creditors in the event of a lawsuit or other financial hardship, and (3) on your child's ...
Through the use of a relatively new technique, commonplace for the last twenty years or so, you may now protect the inheritance you leave from children’s divorces, lawsuits and creditors while also keeping your assets in the bloodline so that ...
Elder law estate planning seeks to accomplish the following goals: (1) transfer assets to your beneficiaries with the least amount of taxes and legal fees possible; (2) keep assets in the bloodline for grandchildren and protect the inheritance from your ...
The agreement then sets out the division of property in the event of divorce as well as the inheritance rights between the parties.
At Ettinger Law Firm, we help clients in New York establish inheritance plans and nurture them throughout their lives. Our experience and customer-focused approach give our clients peace of mind, knowing that the distribution of their inheritances will follow their ...
For example, lawyers will set up “inheritance trusts” to protect the inheritance from children’s divorces, lawsuits and creditors and to keep the assets in the bloodline. To make these agreements legally binding, they will put two of the children in ...
A properly prepared and "funded" (i.e. assets have been put into the trust) living trust offers powerful protection that the person or persons you choose will be in charge. You're only as good as your back-up plan. Having a probate ...
The Inheritance Trust is created by you, today, as grantor, naming your child as trustee and beneficiary when you die. So, for example, if your daughter was Mary Jones, the trust would read Mary Jones, as Trustee of the Mary ...
In such cases, the best plan may be to use a trust to pass on the inheritance. After death, the child receives the inherited assets in a trust. A common approach is to distribute 20% to the child at age ...