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The Lawyer-Human Daily

May 19, 2022

People ask if they are guaranteed not to lose a single dollar if they invest in an asset protection plan. While that would be a nice guarantee, it is not how asset protection planning works. Your assets will be more protected from loss with a plan in place. Listen in to see what kind of guarantee you can get and how...

How does an asset protection trust work: the 4 main roles

Apr 6, 2022

An asset protection trust divides legal ownership and beneficial enjoyment between two different parties. Legal ownership of the trust assets goes to the Trustee of the trust. Beneficial enjoyment of the assets belongs to the Beneficiaries.

Feb 18, 2022

After you form an asset protection trust, are your assets automatically inside the trust? If not, what do you need to do to get them inside?

Oct 26, 2021

While visiting a Cook Islands trustee office, I demonstrated to their team how I could easily look up US real estate ownership information online. They were blown away that our personal information is listed online for anyone to see. Why should someone have a right to know what home you own and where you live?

We speak...

Oct 26, 2021

Another common question we get around here. To go offshore? Or stay entirely domestic? Offshore can be more expensive and require multiple IRS disclosures. Domestic planning has a track record of being ineffective and losing in court. The good news is you don’t have to choose all of one or the other. You can pick and...