Recent Posts in Trusts Category
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Posted on Nov 23, 2020 By The Presser Law Firm, P.A.
A judgment creditor seizes your assets by executing on their judgment. Many people confuse that a plaintiff simply needs to win a lawsuit to get paid, but in reality, they must collect on the judgment ...
Continue reading "How Do Plaintiffs Collect on Their Judgments?" »
Posted on Oct 12, 2020 By The Presser Law Firm, P.A.
For the safest protection, you should keep a portion of your assets in an international jurisdiction. International family wealth planning has been popular for 2,000 years, originating with the Roman ...
Continue reading "How Can You Maximize Your Asset Protection?" »
Posted on Sep 21, 2020 By The Presser Law Firm, P.A.
The portion of your paycheck a creditor can garnish is limited by both federal and state laws. As with any other state exemption, each state set its own wage protection limitations. Some states ...
Continue reading "How Can You Protect Wages?" »
Posted on Aug 24, 2020 By The Presser Law Firm, P.A.
You get the best protection when your assets are international for several reasons. International Asset Protection, which can be coupled with Domestic Asset Protection, is gaining more and more ...
Continue reading "Who Are the Key Parties Involved in an International Entity?" »
Posted on Aug 3, 2020 By The Presser Law Firm, P.A.
While everyone needs Asset Protection, doctors especially vulnerable due to the nature of their profession. Creating an Asset Protection plan catered to your medical career will protect not only ...
Continue reading "Asset Protection for Doctors: Risks and Mistakes to Avoid" »
Posted on Jul 27, 2020 By The Presser Law Firm, P.A.
Last week we discussed a few ways to pass your assets and best protect minors. This blog will focus on additional methods to pass on your assets to children, including life insurance, retirement ...
Continue reading "Estate Planning Tips for Minors - Part 2" »
Posted on Jun 22, 2020 By The Presser Law Firm, P.A.
The Charitable Remainder Trust (CRT) will achieve all three of these goals. A CRT is an irrevocable trust that provides for specific distribution, at least annually, to one or more non-charitable ...
Continue reading "How Can You Receive a Fixed Income, Acquire Tax Advantages, and Donate to Charity?" »
Posted on Jun 15, 2020 By The Presser Law Firm, P.A.
Asset protection is only one of many financial goals. You must coordinate it with your Estate Planning, Business Succession Planning, as well as your tax, investment and other financial goals. What ...
Continue reading "How can Asset Protection Help You With Other Financial Objectives?" »
Posted on Jun 8, 2020 By The Presser Law Firm, P.A.
Everyone needs Incapacity Planning! Incapacity Planning is the process of planning for the unfortunate circumstance of becoming unable to control your finances or health decisions. While no one hopes ...
Continue reading "Who Needs Incapacity Planning and What Is It?" »
Posted on May 4, 2020 By The Presser Law Firm, P.A.
Life Insurance has seemingly become a forefront topic of conversation for many individuals in light of COVID-19. Life insurance may be protected by state statute, but its protection depends on state ...
Continue reading "How Can Life Insurance Become Credit Protected?" »
Posted on Apr 27, 2020 By The Presser Law Firm, P.A.
Consider Self- Financing your business. While many people have recently received funds from the government, it may not be enough to keep your company afloat in the long run. However, money you lend to ...
Continue reading "Does Your Business Need Additional Funds?" »
Posted on Apr 20, 2020 By The Presser Law Firm, P.A.
Over the past few weeks, numerous small business owners have been caught off guard by the fine print inside their business interruption coverage. Am I covered for Coronavirus? Is it legally considered ...
Continue reading "Asset Protection Guide: Understanding Insurance Companies and How to Beat Them" »
Posted on Apr 13, 2020 By The Presser Law Firm, P.A.
Planning too late. But why should that be surprising, who really thinks about protecting their wealth until they're in jeopardy of losing it? That's when they begin to 'sweat'. And, ...
Continue reading "What Are the Biggest Mistakes When It Comes to Asset Protection?" »
Posted on Apr 7, 2020 By The Presser Law Firm, P.A.
The goal of a business owners should be to title as few valuable assets as possible to their operating company. Why needlessly lose valuable assets if their business fails or is sued? It’s ...
Continue reading "If your business fails or is sued, how can you protect the valuable assets?" »
Posted on Feb 10, 2020 By The Presser Law Firm, P.A.
Non-disclosure Agreements, commonly referred to as an “NDA”, is an extremely important Contract to have available and to execute with third parties during all stages of business ...
Continue reading "How Non-Disclosure Agreements Can Save Your Business" »
Posted on Feb 3, 2020 By The Presser Law Firm, P.A.
Asset protection is often mistakenly deemed fraudulent; however, Asset Protection is in fact 100% legal, if done properly. In order to ensure that what you are doing is actually worth your money and ...
Continue reading "Asset Protection is Not About Hiding" »
Posted on Jan 27, 2020 By The Presser Law Firm, P.A.
Determining whether you need Domestic or International Asset Protection, or both, depends entirely on the type of assets you have, the level of protection you are looking for, and the amount of money ...
Continue reading "Domestic vs. International Asset Protection Plans" »
Posted on Jan 13, 2020 By The Presser Law Firm, P.A.
Each year, towards the end of the year, the Government announces the Estate Tax Exemption for the following year along with the corresponding Gift Tax Exemption. The Estate Tax Exemption is the sum of ...
Continue reading "The 2020 Gift and Estate Tax Exemption" »
Posted on Jan 6, 2020 By The Presser Law Firm, P.A.
Many individuals who execute Estate Planning believe that the execution of such documents is the end of the process. What most individuals fail to realize is the importance of funding or transferring ...
Continue reading "You Have a Revocable Trust, Now What?" »
Posted on Dec 30, 2019 By The Presser Law Firm, P.A.
The following are tips and traps related to applying for and maintaining homestead on a Florida primary residence: Review and File for all Qualified Exemptions: The homestead exemption is the most ...
Continue reading "Florida Homestead Tips and Traps - Part 2" »
Posted on Dec 23, 2019 By The Presser Law Firm, P.A.
Florida has by far the most desirable legal protections and real property tax benefits on its residents’ primary homes, however, remember that despite such protections, each county has strict ...
Continue reading "Florida Homestead Tips and Traps - Part 1" »
Posted on Dec 16, 2019 By The Presser Law Firm, P.A.
Asset Protection is utilized by individuals and businesses to legally and ethically protect assets from the future/potential threat of creditors. The best time to protect assets is before a legal ...
Continue reading "Asset Protection for Your Primary Home" »
Posted on Dec 9, 2019 By The Presser Law Firm, P.A.
Asset Protection is the process of legally and ethically protecting assets from the threat of future/potential creditors. Each State has their own Asset Protection laws and nuances, however, the ...
Continue reading "Asset Protection Tips" »
Posted on Dec 2, 2019 By The Presser Law Firm, P.A.
Walt Disney is one of the most well-known cases where a high net worth individual used Land Trusts to obtain an upper hand in expanding their empire. Unknown to most people, Disney Land (in Anaheim, ...
Continue reading "How Walt Disney Used Land Trusts to Purchase and Build Disney World" »
Posted on Nov 25, 2019 By The Presser Law Firm, P.A.
While Land Trusts are not the only strategy for creating privacy with regard to the ownership of Real Estate, it is important to understand all of the advantages and disadvantages of owning Real ...
Continue reading "Advantages and Disadvantages of the Land Trust" »
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