Is It Better to Have an LLC or an S-Corporation?

LLC vs S-Corporation – Which Is Better for Asset Protection? When it comes to personal finance, identifying the right form of asset protection follows a relatively standard process. There are options such as opening a traditional IRA, or ROTH IRA, putting your money into a Read More …

Cryptocurrency as a Tool for Asset Protection

Cryptocurrency is a decentralized form of currency that has fettered its way into popularity in the last several years. It is not regulated by any bank or institution, and the government won’t make more when it runs out. Rather, the number of individual coins that Read More …

4 Important Long Term Care Planning Tips for Couples

As we age, we never know what might happen. The future is unknown, and we might be gone tomorrow, or we might be here a long time. It’s good to plan for any possibility. For many of us, the best possibility is that we enjoy Read More …

Same Old Assets, Fresh New Trust – Decanting Trusts

Like wine decanting, where the contents of a bottle are poured from one container to another, decanting a trust means that the contents of a trust are being transferred to a new trust, likely because the second one brings more advantages. Since by definition, an Read More …

Assets on Ice: Cryogenic Estate Planning

Dennis Kowalski, a husband and father of three, recently spent $140,000 to cryogenically preserve his entire family after they die, hoping to give them a chance at a second life. He is the president of the Cryonics Institute and a paramedic, and trusts that this Read More …

Debt after Death: Who Takes on the Debt after a Debtor Dies?

Picture this scenario: You are approaching the end of your life, yet your balance sheet is in the red. You still have a significant sum you owe to an assortment of creditors. “Ah-ha!” you triumphantly think. “They can only take it while I’m alive. I Read More …

8 Rules of Asset Protection Infographic

8 Rules of Asset Protection You never know what life will throw at you, so it’s important that you prepare for the unknown and unexpected. This includes protecting your assets in an appropriate, safe, and timely manner. Asset protection is the process of safeguarding one’s Read More …

Protecting Your Assets From The Nursing Home Cost

One of the main reasons that millions of people enroll in Medicaid every year is to avoid the exorbitant fees associated with living in a nursing home. With proper legal advice and comprehensive Medicaid planning from a licensed attorney, you and your family may be Read More …

How To Protect Your Assets From Nursing Home And How To Qualify For Medicaid Assistance In NY

Nursing homes can be very expensive, but there is a program that will help you cover all the costs of nursing homes. This government program is called Medicaid, which is provided to those who are financially qualified. If you have a large amount of assets, Read More …