Archive for January, 2018
Health Care Agents Matter – More Than You May Think!
Tuesday, January 30th, 2018
Health care agents (or surrogates/proxies/powers of attorney) play a much bigger role in fulfilling your clients’ health care wishes than you or your clients may realize. Did you know: Health care agents make medical decisions for about half of the adults over 65 who are hospitalized. Flipping it around, this means that on average, half […]
529 Plans for Tax Savings & Asset Protection
Tuesday, January 23rd, 2018
Qualified State Tuition programs, more commonly known as “529” plans are a great way to save for the education of loved ones. Contributions to the plans enjoy deferral of income taxation. When distributions are taken for qualified education expenses, like tuition, the distributions are income tax-free—even better! Normally, when a client has control over an […]
Asset Protection – Part 3
Tuesday, January 16th, 2018
This week, we’ll take yet another look at asset protection. In the Part 1, we saw that much depends upon whose assets you are looking to protect. We saw that, if the assets are yours, you have fraudulent transfer issues to consider. In Part 2, we looked at assets that are coming to you from […]
Asset Protection – Part 2
Tuesday, January 9th, 2018
This week, we’ll take another look at asset protection. Next week, we’ll delve even deeper into asset protection. As we saw in the last blog, much depends upon whose assets you are looking to protect. In last week’s blog, we saw that, if the assets are yours, you have fraudulent transfer considerations, etc., to consider. […]
Asset Protection – Part 1
Tuesday, January 2nd, 2018
Much depends upon whose assets you are looking to protect. If the assets are those that are coming to you, the debtor, then typically, those can be protected completely. We’ll look more at that in next week’s blog. But, this week, let’s assume that these are the debtor’s own assets to be protected. The debtor […]