Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree ...
Revocable living trusts are often the core estate planning vehicle for the basic estate plan. Generally, revocable living trusts are touted as an incredibly versatile estate planning tool, which ...
A domestic asset-protection trust (DAPT) is an irrevocable self-settled trust in which the grantor is designated a permissible beneficiary and allowed access to the funds in the trust account. If the ...
Learn about asset protection trusts. Find out its definition, how it works, its types, its advantages and disadvantages, and ...
As a financial advisor, you will have clients who are doctors, lawyers, accountants, or real estate agents. There are the top four professions that attract lawsuits when they make costly mistakes. If ...
Editor’s note: This is part five of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for ...
Editor’s note: This is part six of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...
There’s an acronym few financial advisors are familiar with — but they absolutely should get to know. DAPTs, the abbreviation for self-settled domestic asset protection trusts, can play an important ...
Asset protection trusts, sometimes sold as ‘family protection trusts’ or ‘flexible trusts’, are increasingly marketed to homeowners approaching or in retirement. On the surface, they promise simple ...