Non-Qualified Personal Residence Trusts

From Asset Protection in Financially Unsafe Times, pp. 197-199 What is a Non-Qualified Personal Residence Trust (Non-QPRTs)? While a Qualified Personal Residence Trust(QPRT) has many potential benefits, it also has some glaring drawbacks; namely, if the grantor dies before their right to live in the home taxfree expires, they will be worse-off, from an estate-tax […]

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Foreclosure is Not Always Tax Free

Video Transcript A lot of you are losing your homes and your investment real estate. A lot of you have mortgages on that real estate that exceeds your cost of the real estate. In that case, you probably have a mortgage on you real estate which exceeds its basis. And there’s a trap. It adds […]

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APTs are Not a Substitute for Insurance

Today, I’m going to take on a question that I’m asked alot from doctors. Mostly from people who are sick and tired of paying outrageous insurance premiums to protect themselves from the inevitable lawsuits we have in the United States. Well, the question is Rob, if you do great asset protection for me, can I […]

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What to do when you are sued

Video Transcript I’m Paul Richard Brown. I’m a lawyer with the law firm of Beresford Booth in Seattle, Washington and the topic of today’s discussion is quite simply what do you do when you get sued. Imagine you’re at home, you’re sitting down relaxing after a hard day of work and you get a knock […]

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APTs as an Alternative to Prenuptial Agreements

Why Asset Protection Trusts are a better alternative to Prenuptial Agreements Today, I’m going to be talking about pre nuptial agreements and asset protection plans. When to use each and I’m going to tell you why I strongly prefer asset protection plans over pre-nuptial agreements. It’s a highly emotionally charged issue particularly if you’ve been […]

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Bankruptcy and Asset Protection Don’t Mix

If you’re considering an asset protection trust and bankruptcy, go bankrupt first Today I’m going to take on the issue of bankruptcy and its relationship to asset protection. In later lessons (soon to come) we’ll have lessons on Chapter 13, Chapter 11, & Chapter 7 bankruptcy filings in detail. They make sense in some cases […]

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Meet The Players

Download PDF: Sample Asset Protection Trust Download PDF: Sample Asset Protection Trust; for Complete or International Members only Non Kinetic Trust – PDF Table of Contents Interpretationpage 4 Governing law and power to change it page 5 Power to add and remove Beneficiaries;Settlors’ testamentary powers; page 6 Power to add Excluded Person page 6 Power […]

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