SOLUTIONS - Probate Avoidance, Asset Protection, Estate Privacy
•Probate Avoidance
• Probate May Be Avoided By Use Of Living Trusts
• Trusted Persons May Have The Desire To Manage Family Financial Affairs
• Trusted Persons Can Wisely Time And Distribute Family Assets
•Asset Liability Protection
• Valuable Assets May Be Encumbered And Placed In Separate Trusts
• Assets We No Longer Own Are Not Available For Medical Costs
• Assets May Be Managed By Companies And/Or Limited Liabilities Companies
• Trust Assets Are Owned By Someone Other Than Ourselves
• Insurance Coverage May Be The Only Funds Available To Cover Liabilities
•Estate Privacy
• A Pourover Will Names A Trust Or Pourover Trust As Our Heirs
• Encumbered Valuable Assets May Be Owned By Trusts
Probate Avoidance, Asset Protection, Estate Privacy
One Has To Build The Fire Escape Before The Fire!
Own Nothing And Control And Manage Everything!
• Trusts Should Be Used To Own Assets!
• Corporations Should Be Used To Do Business!
• Limited Liability Companies Should Be Used To Make Investments!
Plan and Structure
• A Corporation Should Be Used To Encumber Assets!
• The Encumbering Corporation Should Be Owned By Heirs In Trust!
• A Corporation Should Own And Manage A Limited Liability Company!
• A Limited Liability Company Should Manage Assets In Separate Trusts!
• The Encumbering Corporation Basically Controls The Whole Estate!
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