Offshore Banking Terms All You Ever Wanted To Know

Source: Flickr Many investors are puzzled by the various terms used by bankers in describing ways to protect their money. Here is a short list of some of the most common ones. Asset Protection Trust (APT) is an irrevocable trust, usually created (settled) offshore for the principal purposes of preserving and protecting wealth against creditors. Title to the asset is transferred to a trustee. It is used for asset protection and usually tax neutral. Its function is to provide for the beneficiaries of the APT. A trust is a contract…

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What You Should Know About Probate

Source: Flickr Death is never ever simple to handle and knowing exactly what to anticipate in probate will relieve your issues and permit you to believe just of your passing away liked one. The definition of probate is legally settling the deceased’s property, likewise known as their estate. When a death happens, the debts, home, belongings and cash of the deceased will have to be dealt with in a legal way and according the wishes of the deceased. There are few circumstances when probate is not needed in the event…

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Get Asset Protection Before It’s Too Late

Source: Flickr You know, there are actually people out there on the road, at this very minute, who do not believe they need car insurance. Instead, they drive on the roads and toss caution to the wind while the rest of us try to protect our assets by insuring them. These same people actually cause the rest of us to pay more for our insurance as a result of their irresponsibility. And yes, while these same people may appear to be complete fools to most of us, the fact is…

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Probate Law 

What Is Insurance Premium Finance?

What Is Insurance coverage Premium Finance?   A premium financing deal includes the loaning of loan from a bank or hedge fund to pay the premiums of a recently originated insurance coverage. Premium finance is offered to senior citizens age 65 and older. The majority of financed policies have a face quantity of over $1,000,000. The senior will obtain the money for an established length of time ranging from 2 years to life. The exact same banks and hedge funds involved in life settlements are also the lenders for premium…

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Estate Planning Law Probate Law 

Generational Planning

Generational Planning: Take Care of the Non-Tax Issues First Company owner are well mindful of how federal estate taxes can prevent the household service from passing to the next generation. Company owner are aware of how federal estate taxes can avoid the household company from passing to the next generation. With an optimum 45 percent tax rate on assets exceeding $2 million, nearly half of the company worth is owed to the Internal Revenue Service. With a brand-new president and Congress assembling in January 20019, the federal estate tax environment…

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Estate Planning Law Probate Law 

Safeguarding Your Will

The Top Ten Mistakes You Should Avoid in Drafting and Safeguarding Your Will   A take a look at the leading 10 mistakes you can make in preparing and safeguarding your will. The author also advises people that they have to leave adequate copies of their wills with trusted friends so deceitful family members do not damage their only copy. If you are thinking of composing your own will, no matter where you live, wills are a way for individuals to ensure who gets their estates at the time of…

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Probate Law 

Using Asset Protection

Utilizing Property Protection   Possession defense is a method for protecting your prized possessions from future claims and lender collection efforts. While many people are searching for a solid method to do this, there are many ways in which they can stumble down this incorrect wrongly. For many, the choices that exist to them are not, by any ways, going to work. However, there are possession defense opportunities out there that actually do work. The goal is to seek the best ones and make proper use of them. Property security…

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