Question: I understand that when you set up a trust, the assets that are in the name of the trust are protected from lawsuits and creditors. If this is so, it seems like that in today’s litigious ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Many turn to domestic asset protection trusts (DAPTs) to shield their wealth, assuming they ...

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 ...

When you think about setting up a trust, the first thing that comes to mind is a plan for how wealth will be passed down after you die. But there is also an asset protection trust, which protects your ...

Constance Carter, founder of California's largest independent Black-owned real estate firm, emphasizes importance of estate ...

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 ...

Probably not. Medicaid treats trusts created by third parties – your husband’s parents in this case – differently from trusts created by oneself or one’s spouse – so-called “first-party” or ...

An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism ...