Asset Protection Trust Handbook For Investors and Business Owners: Design, Implementation and Administration Formalities Investors and Business Owners

By Jonathan Blattmachr, Alan Gassman, Martin Shenkman

Chapter 1: Introduction and Overview Dive into the world of Asset Protection Trusts (APTs) and discover how they can safeguard your wealth. This chapter is your gateway to understanding the fundamentals and essential priorities for effective asset protection. Chapter 2: Defensive Practice for Practitioners Learn the art of defensive practice in asset protection. From malpractice exposure to ethical considerations, this chapter equips practitioners with the tools to minimize risks and ensure peace of mind. Chapter 3: Engagement Considerations Master Client Engagements for Asset Protection Success! Navigate the crucial steps of client engagement, from initial meetings to detailed planning. Discover the best practices for asset allocation and client communication to ensure seamless and effective asset protection. Chapter 4: Attorney-Client Privilege Keep Confidentiality at the Core of Your Practice! Protect the sanctity of attorney-client privilege with expert insights. This chapter delves into maintaining confidentiality and the strategic use of Kovel letters, ensuring your practice remains secure and professional. Chapter 5: Life Cycle of Trusts Guide Trusts from Creation to Termination! Understand the comprehensive life cycle of trusts used in asset protection. Learn how to design, implement, and terminate trusts effectively, ensuring they serve their purpose at every stage. Chapter 6: Planning APT Characteristics Choose the Perfect Trust for Maximum Protection! Explore the defining characteristics of grantor and non-grantor trusts. This chapter helps you select the ideal type of APT to meet your specific needs and goals. Chapter 7: Structuring the APT Design Tailored Asset Protection Plans! Create customized APT structures that fit each client''s unique situation. This chapter covers everything from data gathering to design features that enhance trust resilience and effectiveness. Chapter 8: Types of Trusts for Asset Protection Discover a World of Trust Options! From irrevocable trusts to SLATs and DAPTs, explore various trust types that offer robust asset protection. Find the best trust for your needs and learn how to implement it successfully. Chapter 9: Ancillary Planning and Documentation Enhance and Document Your Trusts! Learn how to improve existing trusts and manage essential documentation. This chapter covers strategies like decanting and non-judicial modifications to keep your trusts up-to-date and effective. Chapter 10: Drafting the APT Craft Ironclad Asset Protection Trusts! Master the drafting process with practical tips and expert advice. This chapter focuses on design features that enhance trust success, including the use of institutional trustees and trust protectors. Chapter 11: Funding the APT Securely Fund Your Asset Protection Trusts! Ensure your trusts are funded properly and securely. Learn about financial data, solvency affidavits, and insurance coverage to support the robust funding of your APTs. Chapter 12: Tax Compliance Navigate Tax Laws with Confidence! Stay compliant with tax regulations in your asset protection planning. This chapter provides essential guidance on gift tax reporting and necessary tax forms to keep your trusts in line with the law. Chapter 13: Charts and Exhibits Visual Tools for Enhanced Understanding! Utilize detailed charts and exhibits to simplify complex concepts. This chapter offers practical forms and resources to streamline your asset protection processes.

• Format: Paperback
• Language: English
• ISBN: B0DCYXW218
• ISBN13: 9798333396396
• Release Date: August 2024
• Publisher: Independently published
• Length: 249 Pages
• Weight: 1.60 lbs.
• Dimensions: 11.0" x 0.6" x 8.5"