Posts Tagged ‘asset protection’

Dynasty Trusts Good for Economy and Democracy

A well-designed and well-managed dynasty trust is an engine of economic growth and stability, protects its beneficiaries from the vagaries and tyrannies of corporate and governmental managers, and enables the freedom of critical thought and honest conduct that is the essence of a republic. Dynasty trusts can take many forms, but a common characteristic is […]

Domestic Asset Protection Trusts

Asset protection structures may include limited partnerships, domestic and/or offshore limited liability companies, charitable remainder trusts, irrevocable life insurance trusts, domestic asset protection trusts and/or offshore asset protection trusts. The success of such vehicles depend upon how much protection is provided by the type of asset protection vehicle, how well the documents are drafted, whether […]

Asset Protection and Tax-Free Wealth Building Via a Life Insurance Dynasty Trust

In these times of eroding property rights, punitive tax rates, and financial insecurity, a U.S. taxpayer can use an irrevocable life insurance trust to protect trust property against creditors, legally avoid U.S. taxes, and also enjoy trust assets.  Generally, a carefully-designed irrevocable life-insurance dynasty trust (or generation skipping transfer (GST) trust) provides tax-free growth of […]

Offshore Private Placement Life Insurance Trust – Funding a Dynasty Trust By Multiple Grantors

Private placement life insurance (PPLI) typically requires a minimum premium commitment of $1 million or more.  By pooling their available assets, two or more grantors of (i.e., contributors to) an irrevocable life insurance trust (ILIT) can reach the minimum premium commitment of a PPLI policy.  The insured may be one of the grantors, but need […]

Diabetes Life Insurance

It is said that an estimated 7-percent or 21 million people have diabetes and another 4 million having pre-diabetes. If you know you have diabetes that is somehow managed, and you want a diabetes life insurance to help you then you should consider these tips on how to secure yourself a diabetes life insurance. Tips […]

Finding the Best Insurance Company

Before looking for a life insurance company, make sure that you first decide on the type or form of life insurance you need. There are usually three types of life insurance you can choose from: term life, whole life, and a universal life. Though cheaper, term life insurance will only cover you for a limited […]