Protecting your assets is crucial when drawing up an estate plan. An asset protection trust can help you keep your assets from creditors, lawsuits and even divorce claims and civil actions. If you ...

Editor’s note: This is part five of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

When you think about setting up a trust, the first thing that comes to mind is a plan for how wealth will be passed down after you die. But there is also an asset protection trust, which protects ...

Control and protection are always the key tradeoffs in irrevocable trusts. Despite what a company marketing a “special” trust may say, the more control that a trust maker keeps over an ...

Offshore trusts provide a proactive way to protect assets from lawsuits and financial instability, ensuring long-term security. At first glance, domestic trusts may seem like a safe option, but ...

Can a trust protect inherited assets during a divorce? Find out how asset protection trusts work and shield assets from divorce settlements. NATO ally scraps purchase of US Black Hawk helicopters ...

If the trustor/settlor decides to open an offshore asset protection trust instead of a domestic one, they will be responsible for filing IRS Forms 3520, 3520-A, 8938 and FinCEN Form 114 ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Many turn to domestic asset protection trusts (DAPTs) to shield their wealth, assuming ...

Understand the complexities of merging inheritance trusts with revocable trusts for Medicaid spend-down protection. Learn why third-party trusts are treated differently and how to safeguard assets.

Foreign asset protection trusts are established in offshore jurisdictions which typically offer the following: (1) non-recognition of U.S. civil court judgments, and (2) ...

Beyond asset protection, offshore trusts offer additional financial benefits. They can play a crucial role in estate planning by helping you avoid probate and ensuring beneficiary privacy.