Nevis LLC (Foreign LLC) Protects Assets and Avoids Fraudulent Conveyance

How the Nevis Limited Liability Company, a Foreign LLC, can protect one's assets and still avoid fraudulent conveyance if the member's interest remains proportionate to the contributed capital. Creditor can issue charge order against the Nevis LLC. Mentions how Foreign Limited Liability Company and International Business Company (IBC) are used for asset protection and tax haven by Michael Jackson. Defines bearer shares.

Selecting a Good Trustee - Factors to Consider When Choosing a Trustee

How to select or choose a good trustee. What are the factors to consider when choosing a trustee? Who are some bad trustees? Consequences when the grantor names himself trustee. Co-trustees and trust protectors can ease responsibilities. Mentions testamentary trust, testor, settler, trustor, grantor, inter vivos trust, corporate trustees, trust companies, bank trustees and family members, accountants and lawyers as trustees.

How to Invest When You Have No Money

A quick discussion of three easy ways to invest from $25 to $250 dollars.

Estate - Will You Lose Your Home To Medicaid?

The largest financial risk that seniors face today is the potential of assisted living and nursing home costs to devour the nest egg that has taken a lifetime to build. Many will end up relying on Medicaid to pay these costs. If that's the case for you, chances are that Medicaid will come after your home when you die.

Estate - How To Legally Avoid Taxes On Gifts And Inheritances

Nobody likes to pay taxes. If done incorrectly, though, the way you inherit an asset can result in you needlessly paying tens of thousands of dollars in taxes. Knowing some simple rules will reduce your tax bill and allow you to keep more of what you inherit. And it will also keep you from creating tax headaches for loved ones to whom you wish to gift assets.

Good Intentions Could Lead to Family Feuds

Good Intentions Could Lead to Family Feuds

Ground Rules for the Division of an Estate

Ground Rules for the Division of an Estate

Don’t Let Poor Estate Planning Tear Your Family Apart

Even if your kids are grown up with families of their own, you can probably remember scenes of intense sibling rivalry when they were younger. In some families, that competition continues into adulthood- for others, it recedes as children age and mature. But it can all come flooding back while trying to divide up your estate after your death as your kids argue over who gets what.

Estate - Beyond The Living Will

Living wills have received a great deal of attention due to the recent Terry Schiavo situation. Because her end-of-life wishes were in dispute, family members battled each other in the courts over her treatment and care. By having a proper Living Will, you can avoid such confusion. But a Living Will doesn’t ensure you have all your bases covered. There are other equally important documents you must have in place.

Heirloom Antiques for the Comfort of Being Home

When you purchase a hand made or antique item today you are buying character and quality that adds to the beauty, comfort and gives you the feeling of being grounded, provides a conversation starter, and sense of being home. Leaving this item to your heirs becomes part of your legacy and intersects their history with yours, and provides a deeper connectedness and sense of home. Some advice on purchasing quality antique or art items that will add to your legacy.

Smart Estate Planning Strategies for Average Joe

Lots of people out there, especially the average Joes, don't think twice about estate planning because they aren't worth that much anyway. However, everyone, and that includes Average Joe's, should know a little something about estate planning.

Real Estate Tax - Tax Maps, Real Estate Tax Exemptions, Estate Tax Lien Information and More

On real estate tax. History of real estate tax, property assessor, real estate tax maps; limitations of increasing property taxes with homestead real estate tax exemption; delinquent real estate tax penalties; lien on property and use of tax certificates; about estate tax lien and filing affidavit by executor to remove estate tax lien. Real estate worth more than $1.5 million subject to federal estate tax.

Trusts - Trust Formation - Trustees Asset Protection - Trust Offshore Asset - Protection Inheritence

Trust an entity created for the purpose of protecting and conserving assets for the benefit of a third party, the beneficiary - A contract affecting three parties, the settler, the trustee and the beneficiary.