Divorce and Asset Protection Trusts

You can decide how you leave your assets to your children. Most attorneys will put together an estate plan for you so upon your passing, your children will avoid probate and even estate taxes. But then what? In most cases, that is the end of the planning.

But consider this - do you want your hard earned assets to go to your child’s divorcing spouse or a plaintiff in a lawsuit? Most people don’t.

If you want to plan beyond avoiding probate, then you need to consider HOW you leave your assets to your children. Why would you leave your assets to your children UPROTECTED and exposed to a divorcing spouse or lawsuit creditor? Unfortunately, that’s how almost all estate plans are written. Most trusts are written so that at a certain age, or in staggered intervals, the children will receive the assets outright, which is another word for UNPROTECTED.

What if you could plan to leave your assets to your children so the assets would be protected from divorce and lawsuit claims?  That is exactly what you can do with the right planning. In fact, you can design your plan to protect your children’s inheritance and still give them full control over the assets.

How is this done? With the right planning, your estate plan can be written to leave your assets to your children in PROTECTED TRUSTS that your child can control.