The legal arrangement referred as a trust is entitled for developing various strategies for accomplishing & formulating estate planning, asset protection and privacy benefits for the settlers and beneficiaries (those who are entitled to receive trust’s income or principle either currently or at some time in future). It has been around for several hundred years. … Read more
Grantor. The grantor is the creator of the trust and the person who is eligible to make gifts to the trust. You may serve as the grantor of your own trust, or you may ask a parent or another relative to establish the trust for your benefit.Trustees. The trustees control the trust and make decisions about … Read more
Everyone should consider such an option to ensure that hard earned wealth or at least potential wealth is or would be protected against unforeseen circumstances and is preserved not only for family but also for future generations. Life sometimes unexpectedly deals you a card so be prepared for it. Too late for those who thought … Read more
With the increased interest in asset protection strategies, it has led to some confusion on what they are and how you can use them to protect your wealth. There are many different strategies available to protect your assets and it is in your best interest to understand the different asset protection devices and how they … Read more
If for some reason the investor is unable to sell the relinquished property within the strict 180 day deadline, the EAT will transfer title of the new property to the investor. The investor will end up owning both the replacement property and the relinquished property which was not sold. A failed reverse exchange will not … Read more