Asset Protection Attorney Answers FAQ's About Asset Protection Planning in Florida
Let our 30+ Years of Experience Help You Achieve Peace of MindAsset protection attorney, C. Randolph Coleman, in Jacksonville, Florida, provides answers to Frequently Asked Questions about asset protection planning in Florida. As an asset protection attorney with more than 30 years experience dealing with asset protection matters in the Florida courts, the answers to these frequently asked questions will provide significant insight in the asset protection planning process, things to avoid when engaging in asset protection planning, what works, what sometimes works, and what never works. The information provided in these discussions reveal why working with an asset protection attorney is of critical importance if you want to accomplish asset protection that works. You also will learn why it is better to engage in asset protection planning before you actually need the asset protection, rather than after an event occurs that invokes the need for such planning.
The answers that are provided for these asset protection FAQs will help you understand the benefits of planning with assets that are exempt from creditors’ claims (Chapter 222, Florida Statutes); how to avoid fraudulent transfers or fraudulent conveyances (Chapter 726, Florida Statutes), that can effectively undo otherwise effective asset protection planning; how to use the charging order protection that is provided by the Florida Revised Uniform Limited Liability Company Act (Chapter 605, Florida Statutes); and why the guidance of an asset protection attorney can be so important for such planning efforts.
If there are questions you have about asset protection planning that are not addressed in these materials, please contact us with your questions and we will attempt to provide answers for you in a timely manner.
What is a life insurance trust?
https://www.youtube.com/watch?v=wLSs6TljGnQ
Are there techniques available to reduce or avoid estate taxes?
https://www.youtube.com/watch?v=NBHVUKABAJc
I am considering a trust to protect my assets from taxes. Can a trust lower my federal estate tax?
https://www.youtube.com/watch?v=BGotGbcFEfc
Can asset protection work if I am currently in litigation?
https://www.youtube.com/watch?v=K9lop0vWA8M
I carry malpractice and/or liability insurance. Is that enough to protect my assets?
https://www.youtube.com/watch?v=1yHFhlWJzQ4
What are foreign trusts and off-shore entities that I hear about being used for asset protection purposes?
https://www.youtube.com/watch?v=VUgM5Ubrtqw
I heard I can give away $10,000 and not have any problems with Medicaid. Is that true?
https://www.youtube.com/watch?v=zj9Ms7_sTdw
Should I just give all of my assets to a relative to hold for me?
https://www.youtube.com/watch?v=Csw9qbpuUGI
Can I transfer my assets to my children just before I go into a nursing home and still qualify for Medicaid?
https://www.youtube.com/watch?v=_EOSZ0PSK8k
How much income can I make and still qualify for Medicaid to pay nursing home costs?
https://www.youtube.com/watch?v=6SWjK8hoG0M
If my spouse enters a nursing home, must I give away all my assets to keep them from being taken to cover the costs of my spouse’s nursing home care?
https://www.youtube.com/watch?v=pwIEKP4lZkY
If my spouse is going into a nursing home, can they transfer all of their assets to me and qualify for Medicaid benefits for nursing home care?
https://www.youtube.com/watch?v=_EOSZ0PSK8k
