Blog Posts in August, 2016
Posted on Aug 29, 2016 By The Presser Law Firm, P.A.
We have only summarily discussed trusts that have been traditionally used for either asset protection or estate planning purposes. As with most fields, new strategies are constantly being developed ...
Continue reading "I imagine that integrated asset protection/estate planning can be quite complex - particularly for the high net worth individual?" »
Posted on Aug 22, 2016 By The Presser Law Firm, P.A.
One role is that it offers important estate tax benefits. FLP interests are subject to a discounted valuation by the IRS. An FLP that owns an asset is considered to have less value than the sum of its ...
Continue reading "What is the role of limited partnerships in estate planning?" »
Posted on Aug 15, 2016 By The Presser Law Firm, P.A.
Certainly. And it’s often wise to do so. A testator who wants to safely bequeath wealth to a beneficiary should direct the inheritance to any entity that would insulate the inheritance from the ...
Continue reading "For Asset Protection, Can an Inheritance Also be Directed to a Protective Entity on Behalf of a Beneficiary?" »
Posted on Aug 9, 2016 By The Presser Law Firm, P.A.
This week, we would like to take a moment to recognize the outstandingly talented creator of the Emergency Dress, Ashley Martini. The culmination of over a year of hard work and determination has ...
Continue reading "A Finalist for QVC's Sprouts Competition, Ashley Martini Stands at the Door to Success" »
Posted on Aug 8, 2016 By The Presser Law Firm, P.A.
That’s an excellent – and often overlooked – question. One option is to disclaim their inheritance. A beneficiary who disclaims their inheritance essentially passes the inheritance ...
Continue reading "How can beneficiaries prevent their creditors from seizing their future inheritance?" »
Posted on Aug 1, 2016 By The Presser Law Firm, P.A.
Accelerated lifetime gifting can reduce your estate taxes and also protect those assets you don’t need to support your lifestyle. Gifting may also shift your assets to a less liability-prone ...
Continue reading "How can I best accelerate my lifetime gifting to my children to reduce my taxable estate and also to have less money vulnerable to my prospective creditors?" »