Looking for advice on divorce & family trust solicitors? Family trusts can be crucial in a divorce. Our expert lawyers advise on this complex area of family law.
Keeping things in the family � With no estate plan, your personal property and assets may wind up in the hands of a child�s spouse in the event or a divorce. Financial security � With no estate plan, your spouse or children may not be able to enjoy a secure financial future si...
A growing area is parents protecting their estates in the event of their children's marriage ending in divorce.What is the best way to use a trust for IHT?There is not one particular way to use a trust to protect your assets for IHT. The type of trust and the assets you place into ...
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Protect your assets from creditors that your beneficiaries may have or from loss through divorce settlements. Direct where remaining assets should go in the event of a beneficiary’s death. This can be helpful in a family that includes second marriages and stepchildren. ...
If you are trying to qualify for Medicaid, this trust can shield your assets from being counted towards the asset limit. It can also protect assets from being taken back in the future throughMedicaid estate recoveryif you received long term care. A living trust doesn'tprotect assets from a ...
Believing your standard trust can really protect assets No Plan for care and expenses during emergencies No Plan for assisted living or long term convalescent care Keeping documents safe instead of available to the right people Forgetting to name the trust as beneficiary on insurance, CDs, an...
Helping transfer highly-appreciated assets tax efficiently Ensuring continued care of a loved one with special needs Insulating family wealth from lawsuits, creditors and divorce Leaving a charitable legacy How do trusts work? A trust is a fiduciary1relationship in which one party (the Grantor) gives...
Please log in to your Facebook account to comment. An Irrevocable Trust May Protect Assets from Paying for Long-Term Care Watch the video on Like this video? Subscribe to our channel. Irrevocable Trusts – Not as Frightening as You Might Think!: Part 1 Many people hear the words “irrevoca...
The trust fund is an ancient instrument (dating back to feudal times, in fact) that is sometimes greeted with scorn due to its association with the idle rich (as in the pejorative "trust fund baby"). But trusts are highly versatile vehicles that canprotect assets and direct them into the...