Revocable living trusts need to own your assets or the primary reason for a revocable living trust, probate avoidance, isn’t going to be achieved. For the trust to own the assets, they need to be retitled in the name of the revocable living trust. Each type of
Business structure should be the fundamental consideration for asset protection and ease of administration when starting a business. Unfortunately many people miss this point when they start their business because it is not their primary interest “at the moment.” They don’t understand or care about the essential
Self-Directed IRA Custodians are not all created equally. You need to carefully check out your self directed IRA custodian. I have seen a number of cases this past year where the IRS is coming after people because of what they have done with their self directed IRA.
