Beneficiary Controlled Trusts

Using the MIDGT To Take Advantage of Long Term Care Expense Deductions

December 9, 2011

One of the Irrevocable Trusts we prepare for clients who enter into Nursing Home Asset Protection planning is referred to as the Medicaid Intentionally Defective Grantor Trust (MIDGT). One of the tax features of the MIDGT is that the person, usually an elderly parent, who transfers assets to the irrevocable trust will continue to be …

Should You Delay Your Estate Planning Until The Law Changes Again?

April 17, 2011

By Dave Frees

Delaying Estate Planing For Law Changes? Does That Make Sense? DO You Delay Other Acts of Love and Responsibility? Well, you’d expect lawyers who make a living advising affluent clients on issues of estate planning to be biased. They’ll tell you to do it now. Why wait? Well, as it turns …

When Is A Bank The Best Trustee In A Pennsylvania Trust?

May 24, 2010

By Dave Frees

Chosing the best trustee might mean a bank as trustee in certain cases.

What is A Trust Protector and When Do I Need One?

May 10, 2010

By Dave Frees

Trust protectors can provide flexibility in these times of changing laws and tax laws in trusts under your will and for irrevocable trusts...

Is Your Estate Over 1 Million dollars? Over 3.5 Million Dollars? Then You Must Get Information On This Estate Tax Mess Before The End Of the Year.

December 19, 2009

By Dave Frees

The lapse of the federal estate tax poses many problems for American's who have estates of over 1 million dollars since it is unclear whether or not the tax will be restored and there are new tax challenges awating families under the new rules. Act now or later?

Divorce and Asset Protection For Beneficiaries Cont.

September 21, 2009

By Douglas L. Kaune

We continue to receive inquiries from clients in search of ways to protect the assets they leave to their children and beneficiaries from divorce, law suits and creditors. Although clients protection from tax liability is of continued importance, asset protection in estate planning has grown in significance. Clients recognize that 50% or more of the …

Hidden Dangers and Unique Opportunities In Estate Planning During Recession – How To Avoid The Dangers and Harvest The Opportunities

May 11, 2009

By Dave Frees

If you have accumulated any wealth during your lifetime, and you have the desire to pass all or part of that legacy on to your heirs, you have probably been reading quite a bit lately about the unique planning opportunities that exist today. And, it is true, that there are some conditions in the market …

Want to know more about Pennsylvania and Asset Protection?

April 17, 2009

By Dave Frees

Asset protection is a practice of using certain strategies and tactics, to legally and ethically protect your assets from various risks such as litigation, taxation, divorce and other claims. It differs from ordinary estate planning but many professionals, real estate owners, and business owners now seek added levels of protection in Pennsylvania that go beyond …

Protecting Children and Granchildren Form Divorce and Lawsuits

February 10, 2009

By Dave Frees

Concerned that a child or grandchild might lose an inheritance to divorce or a lawsuit? There are techniques that can be used to protect lifetime trusts and transfers and transfers under your will. Often referred to as Beneficiary Controlled Trusts, or testamentary asset protection trusts, these vehicles can give an heir control over assets …

Welcome to The Wealth Preservation Trust and Estates Section Blog

December 2, 2008

By Dave Frees

Are you – Worried about your children and grandchildren getting sued or divorced and losing their assets or an inheritance? Concerned that your estate plan no longer reflects your current thinking or the current laws? Wondering how to best protect your assets and your lifestyle for yourself and your heirs? An Executor or administrator, or …

We Listen.

Using the MIDGT To Take Advantage of Long Term Care Expense Deductions

Should You Delay Your Estate Planning Until The Law Changes Again?

When Is A Bank The Best Trustee In A Pennsylvania Trust?

What is A Trust Protector and When Do I Need One?

Is Your Estate Over 1 Million dollars? Over 3.5 Million Dollars? Then You Must Get Information On This Estate Tax Mess Before The End Of the Year.

Divorce and Asset Protection For Beneficiaries Cont.

Hidden Dangers and Unique Opportunities In Estate Planning During Recession – How To Avoid The Dangers and Harvest The Opportunities

Want to know more about Pennsylvania and Asset Protection?

Protecting Children and Granchildren Form Divorce and Lawsuits

Welcome to The Wealth Preservation Trust and Estates Section Blog

Sophisticated, Responsive and Focused.