Posts Tagged ‘Asset Protection’
Estate Planning for Hyper Inflation
Hyper Inflation Planning for inflation is challenging. Inflation is a tricky monster. It creates the illusion of an increase in value. When prices go up, things are worth more. Right? Wrong! With inflation, prices go up, but value remains the same. In reality, inflationary price increases mean the currency is worth less. Inflation means that…
Read MoreLooking Through the Corporate Veil
Looking Through the Corporate Veil Many of our clients have been complaining in recent years that banking has become more difficult. Opening a business bank account used to be a simple process. Now it is extremely difficult, and sometimes impossible. The politicians have enhanced the LLC and Corporation Disclosure Requirements. It is now necessary for…
Read MoreAvoiding the Nursing Home Cost Crisis
Medicaid Spend Down Many of our clients are concerned about avoiding the nursing home cost crisis. What is the crisis? The cost of long term medical care has the potential to consume your entire estate. This is the nursing home cost crisis. It could be called the Medicaid Spend Down dilemma. Going into a nursing…
Read MoreTrust Decant – Old Wine New Bottle
Trust Decant The term “decant” means to pour the contents of one container into another container. It is like pouring old wine into a new bottle. It has come to refer to the practice of forming a new updated trust, and transferring the assets from an old obsolete trust to the new trust as a…
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