Asset Protection Planning Techniques for Clients with Modest to Medium-Sized Estates-2013
Program Number: 2317
Presenter: Edward D. Brown, Esq., Barry S. Engel, Esq.
Because of the importance to the client of his or her estate, regardless of size, estate planning attorneys should consider some degree of asset protection as part of the client’s overall estate planning. Join Barry Engel and Ed Brown as they provide appropriate asset protection planning strategies tailored to those individuals with small to medium-sized estates. Topics include: 1) the use of exemptions, which are valuable in that they provide categories of assets that are free from legal process as a judgment creditor attempts to collect a judgment; 2) joint ownership of property, which, based upon the state in which the individual lives, may render property either unavailable to a judgment creditor, more difficult to levy against, or less attractive to a creditor as an asset to pursue; 3) spousal gifting; 4) insurance; 5) annuities; 6) the use of family limited partnerships and family limited liability companies, due to the protection provided by charging order