by Randy Coleman | Apr 11, 2019 | Annuities, Asset Protection, Business Owners, Business Succession Planning, Buy-Sell Agreements, Charging Order Protection, Corporations, Discretionary Trusts, Domestic Asset Protection Trusts, Estate Planning, Exemption Planning, Family Limited Partnership, Florida Asset Protection, Irrevocable Trusts, Limited Liability Companies, Physicians and Asset Protection, Premises Liability, Retirement Accounts, ROTH IRAs, Spendthrift Trusts, Tenancy by the Entireties, Titling of Assets, Trusts |
These three asset protection tips can help physicians, business owners, and other professionals protect their assets from various types of creditors. Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught...
by Randy Coleman | Aug 31, 2018 | Asset Protection, Disability Planning, Estate Planning, estate tax, Estate Taxes, No Will, Probate, Probate Law, Revocable Living Trusts, Wills and Probate |
According to court documents, legendary singer Aretha Franklin did not have a will when she died, despite reportedly having a son with special needs. The lack of a will opens up the intensely private singer’s estate to public scrutiny and unnecessary costs, and means...
by Randy Coleman | Mar 18, 2018 | Asset Protection, Beneficiary Designations, Discretionary Trusts, Estate Planning, Florida Asset Protection, Guardian of a minor child, Guardianship, Irrevocable Trusts, Revocable Living Trusts, Spendthrift Trusts, Wills & Trusts Law |
Most parents want to make sure their children are provided for in the event something happens to them while the children are still minors. Grandparents, aunts, uncles, and good friends sometimes want to leave gifts to beloved young children too. Unfortunately, good...
by Randy Coleman | Mar 10, 2018 | Asset Protection, Durable Power of Attorney, Estate Planning, Florida Asset Protection, Premises Liability, Revocable Living Trusts, Trust Administration, Trustee, Wills and Probate |
A comprehensive estate plan should address all of your assets, and if you own rental property it should include appropriate asset protection considerations. For most people, an estate plan must include three common categories: (1) your home; (2) financial accounts,...
by Randy Coleman | Jun 8, 2017 | Asset Protection, Business Succession Planning, Buy-Sell Agreements, Charging Order Protection, Discretionary Trusts, Estate Planning, Family Limited Partnership, Florida Asset Protection, Limited Liability Companies, Premarital Agreements |
Parents who develop an estate plan often do so to provide for their heirs financially. They, like you, want to protect your child’s inheritance from an untrustworthy spouse. Many want to make sure hard-earned assets, family heirlooms, or closely held businesses...
by Randy Coleman | Mar 31, 2017 | Asset Protection, Business Owners, Charging Order Protection, Discretionary Trusts, Domestic Asset Protection Trusts, Estate Planning, Family Limited Partnership, Irrevocable Trusts, Limited Liability Companies, Spendthrift Trusts |
Much of estate planning has to do with the way a person’s assets will be distributed upon their death. But that’s only the tip of the iceberg. From smart incapacity planning to diligent probate avoidance, there is a lot that goes into crafting a comprehensive estate...
