by Leslie Marenco | May 28, 2015 | Articles, Asset Protection, Trusts
Traditionally, one of the primary reasons for establishing a living trust has been to avoid probate. But there are a few more benefits of a living trust that can help you do much more than that, if it’s set up right: Asset protection for heirs. One of the most...
by Leslie Marenco | Apr 23, 2015 | Articles, Asset Protection, Business/ Corporate Law
My friend Marty, a very sassy CPA friend of mine once said to me that “LLC” stood for “Lawyer’s Likely Choice.” At first I laughed at his teasing remark but he was actually right. In terms of new formations, the Limited Liability Company...
by Leslie Marenco | Apr 17, 2015 | Articles, Asset Protection, Estate Planning
The poverty rate among seniors is rising, giving rise to the question of whether or not it is possible to inherit debt. In general, when a loved one passes, his or her debts fall to the estate to be paid. However, in situations where debt is shared — for...
by Leslie Marenco | Mar 20, 2015 | Articles, Asset Protection, Estate Planning, Trusts
Americans today are getting married later in life. Currently, the average age of a first marriage is 27 for women and 29 for men — an increase of four years for women and three years for men in just the last 25 years. So it may not be so surprising that more...
by Leslie Marenco | Mar 13, 2015 | Articles, Asset Protection, Wills
One of the most prevalent misconceptions when it comes to estate planning is that if you have a will, it will take care of everything that needs to happen after you die in terms of your assets. But before you leave everything to just a will, consider these...
by Leslie Marenco | Jan 8, 2015 | Articles, Asset Protection, Business/ Corporate Law, Estate Tax, Income Tax, Inheritance, IRS, Non - US Citizen, Probate, Real Property / Real Estate
Many individuals who live outside of the U.S. like to purchase real estate in America or invest in the U.S. Stock Market. It can be much safer than in investing in other parts of the world and often times the individual has children who have moved to America to live...
