Asset Protection & Charitable Giving Guide
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The Purpose of This Book Most people know they must do their estate planning. They recognize that at some unknown date they will die and, in order to avoid complications with the distribution of their estate, they must plan. However, that planning is usually limited to a Last Will and Testament or Living Trust, Durable Power of Attorney, and Living Will or Advance Directive for Health Care. Although some people think about estate taxes, they usually do nothing to prevent or reduce them....
Although some people give consideration to the potential catastrophic losses caused by lawsuits and judgments, they do little or nothing to prevent such a loss other than purchase liability insurance....
Although some people are aware of gifting as a means of transferring portions of their estate, they make such gifts without maintaining any control over the property gifted.
Although most people are aware of the capital gains taxes that accompany the sale of appreciated assets, they simply acknowledge the tax as a "cost of business" without taking action to avoid the tax.
Asset protection is not for everyone. The purpose of this book is to help you decide if you need asset protection, evaluate the various types of asset protection and explain the advantages of charitable giving, both to you and to your estate. Please review these materials and then take advantage of our free, no-obligation consultation to determine how you can benefit from asset protection and charitable giving. For General Estate Planning Information, |
