While you cannot “hide” assets or make them completely unreachable, Jacob Stein will show you how to make it more difficult and expensive for creditors to get to. Jacob will mainly discuss asset protection in our new age of global transparency, utilizing irrevocable trusts & LLCs and protecting specific assets like homes, apartment buildings, cash & crypto.
Attorney Tony De Angelo will teach you about issues and omissions in tax and trust practice that he has seen over the past four decades. These are some of the main issues discussed: errors in dealing with various asset types in trusts, timing of liquidation, frequent errors with U.S. Savings Bonds and problems with tax-exempt assets in Irrevocable Trusts.
Trusts are very useful because they split the beneficial enjoyment of trust assets from their legal ownership. Irrevocable Trusts with appointed trust protectors are excellent vehicles for income tax planning and asset protection.
