Asset Protection

Reasons Why Your Trust Should Contain a Residuary Clause

March 21, 2013

By creating a trust, you are stating your wishes as to how you would like your assets and possessions distributed. Many trusts have a series of specific gifts. However, you should be sure that your trust also contains a residuary clause to best protect the distribution of your assets. Please click here, for more …

Including a Residuary Clause Within Your Will

March 19, 2013

By Dave Frees

A residuary clause disposes of any property or assets that were not previously accounted for in the will. Please click here, to see why it is important to include a residuary clause within your will.

Malvern Family Limited Partnership, Estate Planning, Asset Protection

August 20, 2012

By Dave Frees

When would I use a family limited partnership in Malvern? A family limited partnership (FLP) is a type of asset protection many families use when they have established a family-owned business and wish to keep it organized among the various partners upon the absence of a controlling partner. If you have …

Are You Responsible for Your Parents’ Nursing Home Bills? In Pennsylvania The answers Is Now Bad News For Many Families

June 24, 2012

By Dave Frees

Whether You Are Affluent or of Modest Means – You Now Have A New Concern in Pennsylvania – Being Responsible For Your Parents Nursing Home Bills and Expenses By: David M. Frees III, JD Many people have asked through the years whether or not …

Can Too Many Accounts Cost You Money and Ruin Your Estate Plan?

December 3, 2009

By Dave Frees

There are many cases where less is more. This is the first in aseries of articles on how and why to simplify your estate and your estate plan.

Is Your Pennsylvania IRA Still Protected From Lawsuits?

August 31, 2009

By Dave Frees

A recent case has opened a new door for someone suing you to try to reach or to attack your IRA. And, while IRAs usually have a heightened level of asset protection, my new article on this topic has a few suggestion – especially if you have a self directed IRA. Please click here to …

Protect Assets Using Family Care Agreements

July 8, 2009

By Dave Frees

Family Care Agreements, also referred to as Caregiver Agreements, have increased in popularity as a result of the more stringent Deficit Reduction Act (DRA) Medicaid gifting rules. These agreements are usually established between an elderly individual who is agreeing to “pay” and the individual or individuals who is/are agreeing to provide continued care and assistance …

Reminder: Medicaid Asset Protection is Alive after the DRA

June 4, 2009

By Dave Frees

There is a great deal of misinformation about the viability of Medicaid and Nursing Home asset protection planning after the Deficit Reduction Act of 2005 (DRA). I want to remind clients, friends and advisors that there are an abundance of planning options available to single and married individuals who want to protect assets from spending …

Create Trusts For Children In Your Wills

May 19, 2009

By Douglas L. Kaune

I have had a recent addition to the family, my son, James Douglas Kaune. Welcome to our lives James!! Taking my own advice, my wife and I immediately updated our estate planning documents including wills, powers of attorney and trusts. We also modified our beneficiary designation forms in IRA’s, 401k’s and life insurance to name the testamentary trust for …

Your Government Doesn’t Like Off Shore Accounts. Should You?

May 17, 2009

By Dave Frees

Off shore accounts have been getting a pretty bad rap in the news media with the leaders of both America and Great Britain making multiple appearances to clearly establish that tax havens are just for the big corporations and illegal players seeking to evade taxes and engage in unlawful activities. The attached article examines the …

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Reasons Why Your Trust Should Contain a Residuary Clause

Including a Residuary Clause Within Your Will

Malvern Family Limited Partnership, Estate Planning, Asset Protection

Are You Responsible for Your Parents’ Nursing Home Bills? In Pennsylvania The answers Is Now Bad News For Many Families

Can Too Many Accounts Cost You Money and Ruin Your Estate Plan?

Is Your Pennsylvania IRA Still Protected From Lawsuits?

Protect Assets Using Family Care Agreements

Reminder: Medicaid Asset Protection is Alive after the DRA

Create Trusts For Children In Your Wills

Your Government Doesn’t Like Off Shore Accounts. Should You?

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