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Search Results: "Inheritance Protection"
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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. ... This way the inheriting child cannot, for example, take assets out and give ...
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. ... With a simple will, your son or daughter inherits your ...
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. ... These trusts also protect the children from their divorces, lawsuits and ...
The Uniform Transfer to Minors Act (UTMA) was created to protect assets that are passed on to minors. This act determines when minors can receive an inheritance for assets passed to the control of a custodian. ... Whereas an UTMA ...
Secondly, please also have a look at our article explaining Ettinger Law Firm’s trademarked “Inheritance Protection Trust”, in use for over twenty-four years now. These trusts protect the inheritances you leave from your children’s divorces, lawsuits and creditors and, upon ...
The agreement then sets out the division of property in the event of divorce as well as the inheritance rights between the parties. While prenups often provide that neither party will inherit from the other, it is not unusual for ...
Protects your assets from being eaten up by nursing home costs. ... Allows you to protect the inheritance from children's divorces, lawsuits. ... By leaving assets to your children in a trust (we call these Inheritance Trusts), you can not ...
Occasionally, parents want to bypass the children, either wholly or partially, and leave an inheritance directly to the grandchildren. Inheritances to minors come in different varieties, such as bequests in wills and as beneficiaries or contingent beneficiaries on IRA's, investment ...
An Ettinger Elder Law Estate Plan enhances the simple estate plan first by adding a multi-generational component, known as the Inheritance Trust, which protects the inheritance you leave, for your children's lifetimes, from their divorces, lawsuits and creditors. More significantly, ...
We make sure that your estate is under the limit at the time of your death by previously gifting excess funds to Inheritance Protection Trusts (IPT's) for your children. ... Regular readers of our column will recall that these IPT's ...
