Thread: Stop the noise
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  #39  
Old March 24th 04, 03:46 PM
Kevin
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TaxSrv wrote:
"Kevin" wrote:
This is the very reason all of my assets are owned by a

Revocable

Living Trust . Bullet proof protection of assets .



Are you sure that's going to work in your state? Here's sample advice
for
physicians that it won't:

http://www.physiciansnews.com/finance/1101dv.html

For the ultimate in asset protection and estate planning the offshore
Asset Protection Trust is the way to go. When you combine domestic
strategies with the the asset protection trust, you become 99.9% bullet
proof. With an offshore trust controlling your asset, it becomes very
difficult if not impossible for a creditor to gain control or get the
assets sent back to the U.S.

Just like a revocable living trust, the offshore asset protection trust
allows you to avoid probate and distribute your assets to your heirs.
Since it is governed by an offshore jurisdiction, the trust is not
subject to U.S. claims or orders from U.S. courts.