Category: Asset Protection
Estate Planning for the Art Collector
A fine art collection can be one of the most valuable assets a person owns -- sometimes even more valuable than a home or oceanfront property. For the serious art collector, congruently serious estate planning is necessary to help ensure the paintings or sculptures are not lost due to estate taxation or...
Personal Asset Trust
When you establish a personal asset trust (PAT), instead of receiving your inheritance directly, your beneficiaries receive it in a special trust which emanates from your Living Trust. The Personal Asset Trust is under the control of...
The Legal Battle Over Robin Williams’ Bicycle Collection and Other Valuables
If only settling an estate were as easy as riding a bicycle. In fact, unless skilled attorneys have worked carefully and diligently to tighten any loopholes, there may be complications in the process. Even with a will in...
Protecting Assets from Being Designated as “Abandoned” Property
It has become apparent that states are becoming more aggressive in claiming mutual fund investments as "abandoned" property. While it is clearly in their financial interest to do so, it is not in...
Ways a Living Trust Can Help Preserve Assets
A living trust is a legal written document which partially substitutes for a will. By employing a living trust, your assets, including your bank accounts,...
Estate Planning to Protect Your Assets
Members of the sandwich generation, those responsible for aging parents and children (even adult children) simultaneously, may experience a great deal of stress, financially as well...
Estate Planning for Property Owners
Estate planning, desirable for almost everyone, is absolutely necessary for homeowners who co-own property. They must be prepared for the eventuality of the death of a spouse, family member, friend or colleague with whom they share ownership. Clearly, it will be necessary...
Estate Planning for Same-Sex Couples in the Wake of Obergefell v. Hodges
5 Common Estate Planning Myths in California
Estate planning is, of course, an important consideration for every family, regardless of size or financial situation. However, there are a number of myths out there, many of which...