Asset Protection for the Rest of Us
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Members of America’s middle class should be a lot more concerned about protecting their assets from creditors than from the so called “death tax.” While the very wealthy can use offshore trusts and other complex entities, such planning is cost prohibitive for most of us. However, there are many other things that can be done to protect one’s assets. Check out this concise post by fellow attorney Ike Devji that reflects what I tell my own clients: Asset Protection for the Middle Class?http://acrimoney.com/2010/03/asset-protection-for-the-middle-class/
