When it comes to safeguarding your wealth, many high-net-worth individuals and professionals seek “bulletproof” asset protection strategies. However, the hard truth is that foolproof asset protection doesn’t exist....
Category: General
Understanding How Trusts Work with Retirement Accounts When planning for retirement and estate distribution, using a trust as a beneficiary of a retirement account can offer control, asset protection, and potential tax...
What is a QDOT and Do I Need One?
April 8, 2025
A Qualified Domestic Trust, or “QDOT” is a Trust specifically authorized by statute to defer estate taxes for non-citizen spouses, but not every non-citizen spouse needs a QDOT. Basically, every citizen and...
When to Assume a Mortgage on Inherited Property – Never!
February 20, 2025
I recently was asked by a sole executor-heir when they can assume the mortgage on their childhood home. The client wanted to know if they could assume the mortgage already or if they had to wait for probate to close. The...