Equity Stripping: Asset Protection – Pros & Cons

The Good, The Bad and The Ugly of Equity Stripping Although equity stripping can be effective (and sometimes the only) means to protect assets, it requires much skill to implement properly. Poorly designed programs are often either vulnerable to fraudulent transfer rulings, or are costly from a tax and/or economic perspective. In addition to exploring […]

Continue reading

Life Insurance 102

Life Insurance 102 – video transcript Last time, we discussed the historical aspects of insurance when life insurance first came about, the various products and most importantly, the three fundamental questions you need to ask yourself about any life insurance purchase: What do I need or do I need it? How much of that life […]

Continue reading

Contest Clause

Example Contest Clause If any Person, including a Discretionary Beneficiary, shall, in any manner, either:(i) directly or indirectly, attempt to contest or oppose the validity of this Trust, or any other Trust settled, on or after the date of this Settlement, by the Settlor, the Spouse of the Settlor, or both, or   (ii) Commence […]

Continue reading

Getting Assets Out of APT During Settlor’s Life

Trustee The Trustee shall stand possessed of the Trust Fund for the benefit of all or any one or more of the Discretionary Beneficiaries and with such powers of appointment, maintenance and advancement in favor of all or any one or more of them, as the Trustee, with the written consent of the Protector, may […]

Continue reading

Rule Against Perpetuities Savings Clause

Hello, Rob Lambert here with asset protection training com This is a short video on the Rule Against Perpetuities. it’s not an important issue but it’s something that’s going to confuse you every single time you look at a trust. These stupid little rule against perpetuities savings clauses, find their way into almost every single […]

Continue reading

What is a offshore asset protection trust?

There are many types of trusts. For this example, I will define an asset protection trust as any trust formed for a term of years in a foreign jurisdiction, which does not recognize (or imposes significant barriers to the recognition of) United States judgments. Honestly, this is every country in the world since every country […]

Continue reading

Typical Excluded Persons Clause

The following list of Excluded Persons shall be interpreted in its broadest sense, and shall include the following Persons: All courts, panels, administrative or judicial bodies. Any and all creditors, claimants or judgment creditors of any settlor or of any Discretionary Beneficiary, or of any other Beneficiary under the Settlement. Any and all creditors, claimants […]

Continue reading