Caring for a Disabled Beneficial: Third Party Special Needs Trust
caringfordisabled metroQUARTERLY, Nov/Dec/Jan 2014/15 Read More
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Asset Protection: Planning Trusts
BY MARY E. VANDENACK Asset protection planning has become a standard part of an estate plan. There are a variety of techniques that can be used for asset protection planning. Among those techniques are a variety of different types of trusts. The best trust for your plan depends on your specific asset structure and goals. Spendthrift trust. A spendthrift trust protects assets by placing control...Read More
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Insuring a Key Asset: Your Stream of Income
BY MARY E. VANDENACK After practicing law for many years, I have become a firm believer in the use of insurance. Often, we find that business owners buy a policy without really understanding what they purchased. The business owner should be an active participant in the insurance acquisition process. Often, we find that business owners buy a policy without really understanding what they...Read More
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Asset Protection
BY MARY E. VANDENACK A fundamental part of any financial plan includes consideration of protecting your assets from lawsuits and claims. The impact of the recent economy has increased awareness of the need for asset protection planning. Establish a good basic estate and financial plan The first step in asset protection planning is to establish a sound estate plan. The correct approach to an...Read More
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