by Dave Duringer - Protective Law Corp | Jul 26, 2016 | Asset Protection, Creditors & Predators, Family Protection, Financial Mentorship, Spendthrift Children
As parents, our clients want the best for their children, perhaps especially when those children become adults. Learning good financial habits can be central to a successful and independent adulthood. Yet, most young adults feel they’re thrown into the world without...
by Dave Duringer - Protective Law Corp | Jun 8, 2016 | Asset Protection, Creditors & Predators, Estate Planning, Spendthrift Children, Tax Planning
Here are the six primary benefits of a lifetime discretionary trust: 1. Protection From Liabilities An inheritance that goes directly into the beneficiary’s pocket is readily available to pay the beneficiary’s liabilities from a car accident, in bankruptcy, or after a...
by Dave Duringer - Protective Law Corp | Aug 18, 2014 | Creditors & Predators, Firearm Legacy, Spendthrift Children, Tax Planning
An irrevocable inter vivos trust (IRT) is a trust created during the settlor’s lifetime, over which settlor retains no power to alter, amend or revoke. Although RLT’s typically become irrevocable on the settlor’s death, they are not called irrevocable trusts. Trusts...
