Beyond prenups, other ways to protect assets in the event of divorce or death include: Beneficiary designations:401(k) retirement accounts are subject to special rules that protect a surviving spouse's right to the assets. If you want the assets to pass to someone other than your spouse upo...
How to Protect Your IP Assets in a Technology DivorceMichael S. Goldberg
Does a trust protect assets from a nursing home? Yes, certain types of trusts, like irrevocable trusts, can protect assets from nursing home costs. By placing your assets in an irrevocable trust, you remove them from your direct ownership, so it’s more difficult for creditors to claim them...
It is likely that you and your spouseacquired many assets during your marriage. A home, cars, furniture, stocks and pensions are examples. In a divorce, these marital assets will need to be divided. In North Carolina, this division can be done in one of three ways: ...
麦克米伦词典英语释义:to protect someone from punishment, for example by telling a lie for them例句:If Pauline asks where I am, will you cover for me?如果Pauline问起我在哪,你可以帮我圆过去吗? 10:36 Eli:The addy wasn't cutting it for me anymore, so I just-- I needed something a litt...
Navigating through divorce proceedings can be nerve-racking for all those involved, especially when dividing the assets and debts accumulated by the parties
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The gift to charity is assumed to occur upon the termination of the trust, at which time the remaining assets in the CRUT will flow directly to the prespecified charity. Lastly, it is important to note that for this strategy to work and be permitted by the IRS, the CRUT needs to be ...
For example, theThrift Savings Plan (TSP)—adefined-contribution planfor federal employees and members of the uniformed services—requires that the division of assets be clearly spelled out and referred to as the TSP balance directly in the divorce decree. Aqualified domestic relations order (QDRO)...
If you don't properly protect your assets, they can potentially be lost in a lawsuit,bankruptcy, or to other creditor actions. It's important to understand the laws that can provide asset protection and to know what measures you can take to protect your savings. Key Takeaways Asset protectio...