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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.
What Is an Asset Protection Trust (APT)? An asset protection trust (APT) is a trust vehicle that holds an individual's assets with the purpose of shielding them from creditors. Asset protection ...
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 ...
But there is also an asset protection trust, which protects your assets from creditors while you’re still alive. Read Next: Here’s the Salary Needed to Actually Take Home $100K in Every State ...
Unlike domestic trusts, offshore trusts place your assets under the jurisdiction of foreign countries with rigorous asset protection laws. These legal frameworks are specifically designed to ...
Editor’s note: This is part six of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...
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