While you can’t choose your child’s spouse, you can choose their control over your assets upon your death. Although it can be a sensitive subject, planning your estate around the potential marriage or divorce of your child can be a prudent step to protecting and preserving your family’s wealth and legacy.  If you leave an inheritance for your child, or any of your descendants, then there’s a high probability that your child will commingle or mix their inheritance with the assets of their spouse. Once this happens, your child’s partner will not only have direct access to the inheritance, but.

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An irrevocable trust is another one of many options to consider when it comes to estate planning. Unlike a regular trust where you can make changes while you are living, you generally cannot make any changes to an irrevocable trust once it is set in place. Think of it as essentially giving up control of that property or asset once the irrevocable trust has been finalized. It is no longer yours and you no longer have the same abilities you had previously. Whatever was designated in this type of trust now belongs to the trust itself.  How Does an Irrevocable.

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One type of asset protection prevention of future lawsuits by anonymity. Anonymity, in this case, simply refers to owning your property anonymously. The goal is not to be able to trace the asset to your name and prevent future litigation by looking like you qualify for food stamps! Instead of using your name to identify the property, you would give it a completely different name that has nothing to do with you. Once an asset is traced to you, it loses its anonymity status.  What Are My Options for Anonymous Asset Protection? It all starts with taking your name off.

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Asset protection is a way to keep your assets out of the hands of creditors and predators. It will either prevent future lawsuits, or protect your assets in case of collection. The goal is to use certain techniques to protect your assets legally with the advise of a reputable attorney.  Asset Protection Basics Asset protection is a way to keep your assets out of the hands of creditors and predators. It will either prevent future lawsuits, or protect your assets in case of collection. The goal is to use certain techniques to protect your assets legally with the advise of.

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Let us talk about a style of asset protection called Anonymity. What is anonymity? Anonymity means I want to become anonymous to the work so that if someone looks up my property, they don’t see Liran Aliav owns this piece of property. What they see is X, Y, Z owns this property.  Anonymity can be in so many ways. The most common style of anonymity is an LLC. You can name your LLC, ABC LLC. Well, that doesn’t say Liran Aliav on the title, so no one could find out just by that document that it’s me. Now, there are.

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A lot of people ask me, “What do I do in order for myself that all my assets to be invisible and no one could find them with no judgment. I could be judgment proof, but I have all these problems. What do I do? How do I get to that point?”  Well, first of all, we’re going to go through some asset protection basics. First off, asset protection is not a fool-proof, 100% way to get yourself out of judgment, especially if a lawsuit has been already filed or it’s currently about to be filed. Usually, that’s not when.

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