This brief video summarizes the mechanics of an Arizona-based asset protection trust. Although Arizona law does not permit the use of self-settled asset protection trusts like some other states do, an Arizona resident may establish an Arizona-based irrevocable trust that provides asset protection for all parties involved. The key to making it work is to name other people as beneficiaries of your trust, such as your spouse and/or children, while prohibiting distributions to yourself.
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FIRST, I will give you a premium experience, and you will work directly with me.
SECOND, my process will help you accomplish a very important task in a relatively brief amount of time. I do this by asking a series of precise questions, explaining your options in a concise manner, and then using technology to build your estate plan with the highest quality tools and techniques. THIRD, estate and trust law is a very formidable beast to tame, but rest assured, I aspire to mastery of the subject matter. |
AuthorTom Bouman, Attorney Archives
June 2024
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