Blog Posts in July, 2016
Posted on Jul 25, 2016 By The Presser Law Firm, P.A.
As with any type asset, there are multiple protective options. For instance, a few states with tenancy-by-the-entirety laws protect spousal co-owned investments from creditor claims against one ...
Continue reading "Are there other protective options besides the Limited Partnership, International Trust or LLC?" »
Posted on Jul 18, 2016 By The Presser Law Firm, P.A.
The Charitable Remainder Trust (CRT) allows you to gift your property to charity, protect it from your creditors, save taxes, receive a lifetime income, and still leave your heirs whatever amount you ...
Continue reading "Are gifts to charity through a charitable remainder trust creditor protected?" »
Posted on Jul 11, 2016 By The Presser Law Firm, P.A.
While lawsuit proofing is necessary for every individual, it is no less important for small businesses and professional practices. They are more vulnerable to lawsuits and creditor problems than ...
Continue reading "How important is defensive planning for the small or mid-sized business or professional practice?" »
Posted on Jul 4, 2016 By The Presser Law Firm, P.A.
You’ll lose control over your money during your lifetime if you make outright gifts to your kids. You understand the dangers. However, funding an irrevocable trust may not be your answer either, ...
Continue reading "How can I make lifetime gifts to my children to reduce my taxable estate, retain control over the assets, and also gain creditor protection?" »