by Randy Coleman | Aug 2, 2016 | Asset Protection, Beneficiary Designations, Discretionary Trusts, Domestic Asset Protection Trusts, Estate Planning, Florida Asset Protection, Spendthrift Trusts, Trust Administration, Trusts, Uncategorized |
How to Protect Your Heirs and Your Legacy from Bad Decisions and Outside Influences Estate planning is an important and everlasting gift you can give your family. And setting up a smooth inheritance to protect your heirs isn’t as hard as you might think. –...
by Randy Coleman | Jan 22, 2016 | Asset Protection, Charging Order Protection, Exemption Planning, Limited Liability Companies, Physicians and Asset Protection, Tenancy by the Entireties, Titling of Assets |
The practice of medicine is a profession fraught with liability. It’s not just medical malpractice claims either – employment related issues (wrongful termination, sexual harassment, and discrimination), careless business partners and employees, and contractual...
by Randy Coleman | Jan 2, 2015 | Advance Directives in Florida, Annuities, Asset Protection, Beneficiary Designations, Designation of Health Care Surrogate, Durable Power of Attorney, Estate Planning, Individual Retirement Accounts, IRAs, Joint Tenants with Right of Survivorship, Life Insurance Protection, Living Will, Personal Representative, Probate, Retirement Accounts, Revocable Living Trusts, Tenancy by the Entireties, Tenancy in Common, Titling of Assets, Trustee, Wills and Probate |
It’s the New Year and everyone has their list of resolutions that probably won’t be followed for more than a month or two. From the estate planning perspective, that is enough time to review and ensure that your estate planning house is in order, if you...
by Randy Coleman | Nov 6, 2014 | Asset Protection, Crazy Lawsuits, Domestic Asset Protection Trusts, Exemption Planning, Family Limited Partnership, Limited Liability Companies, Off Shore Trusts and Financial Accounts, Titling of Assets |
Understanding Losses: Liability Exposure We live in a litigious society. Lawsuits abound, whether deserved or not. If you own property or stock that was purchased at a low price and has had high appreciation, it is at risk to litigation and creditors—even if you are...
by Randy Coleman | Jul 2, 2014 | Asset Protection, Beneficiary Designations, Estate Planning, Exemption Planning, Individual Retirement Accounts, IRAs, Irrevocable Trusts, Retirement Accounts, Retirement Planning, ROTH IRAs |
A couple of weeks ago, we talked about the landmark, unanimous 9-0 decision handed down on June 12, 2014, in which the United States Supreme Court held that inherited IRAs are not “retirement funds” within the meaning of federal bankruptcy law. This means they are...
by Randy Coleman | Jun 26, 2014 | Asset Protection, Disability Planning, Elder Care, Elder Law, Long Term Care, Medicaid Planning, Medicaid Qualified Irrevocable Income Only Trust, Medicare, Nursing Homes, Personal Care Contracts, Qualified Income Trust, Social Security |
On Monday of this week, the U.S. Government Accountability Office released its report “Financial Characteristics of Approved Applicants and Methods Used to Reduce Assets to Qualify for Medicaid.” This report was requested by several members of Congress,...
