Estate Planning as a Career

When you look into Offshore Asset Protection Trust you are likely to wonder what it is and why you might consider one. An Offshore Asset Protection Trust is a way for you to protect your Foreign Assets not on American Soil. Offshore Asset are where you have a Bank account in another, own property that is not on U.S. Soil or U.S. owned lands. These can include businesses and homes in different countries.

There are many parts of the Offshore Asset Protection Trust. One part is the Exot (more…)

Once only available to those who could afford to fund it, can appoint an expensive trustee, the ability to run a trust fund and the tax advantages that it brings are available to all. Known as living trusts, they present an opportunity for all to manage their estate while they are still alive and provide for their loved ones after they have passed on.

By preparing a living trust, the party or parties involved are able to avoid their estates being put through a probate process after thei (more…)

If youre a business owner you should consider succession planning as part of your overall estate plan with your financial advisor. Succession planning is the process of handing over the responsibilities of running a business to someone else when you are no longer able, or willing, to run it. There are many steps to consider when planning who will inherit and run your business, and it is advised not to wait until you decide to retire to begin.

STEP ONE OF SUCCESSION PLANNING: TIMELINE