Types of Insurance There are may different types of insurance coverage Life insurance is usually your primary defense and has the two-pronged effect of protecting your family’s assets from being depleted or lost and providing liquidity. This post lists the various types of insurance for you to consider and briefly introduces some of their [...]
Legal Structure The proper titling of assets combined with entities and irrevocable trusts can significantly enhance the protection of your assets and your family’s wealth. This does not mean that everyone needs a complex pre-packaged structure of entities and trusts. In fact, we spend a significant amount of time unwinding these complex structures because [...]
Represented couple with a comprehensive review of their general business and complex estate plan documents. Husband and wife had 12 entities, 3 irrevocable trusts and a revocable trust. DeAngelis Legal analyzed the structure and documents and provided a comprehensive summary of their business and estate plan with recommendations to enhance the effectiveness and efficiency of [...]
Education Everything starts with education, and we are not just talking about learning about asset protection. In the protecting wealth context, education involves creating a culture around you that values safety, compliance, risk assessment and mitigation. This includes your business owners, employees and family members. Let’s explore what can be done prior to an [...]
Represented three separate trustees with the administration of irrevocable trusts. The first trustee desired to simply terminate the trust, the second desired to modify the trust terms and the third desired to change trustees. DeAngelis Legal reviewed the terms and circumstances of each trust, provided the trustees with alternatives, prepared settlement agreements terminating or modifying [...]
Represented two separate spouses with the preparation of marital agreement in conjunction with their estate plans. The first spouse was concerned with asset protection, but also desired to provide for his spouse upon his death or disability. The second spouse desired to clarify how assets would be allocated between her husband and each of their [...]
Assisted three separate surviving spouses with the administration of their trusts. After the death of their spouses, each of their revocable trusts became irrevocable, necessitating the allocation of assets between trusts. DeAngelis Legal assisted each spouse to satisfy the requirements of successor trustee under Arizona law, took actions to minimize risk of future claims by [...]
Represented family with the implementation of coordinated estate plans for father and two married sons with assets in the United States and Mexico. Family owns farms and equipment in Mexico and real estate and businesses in the United States. DeAngelis Legal worked with the family’s corporate attorney to create an integrated succession plan and separate, [...]
Represented couple with the preparation of comprehensive estate plan, including irrevocable life insurance trust. Husband and wife with one daughter and one wage earner desired to purchase large life insurance policy to compensate for lack of assets if wage earner died. DeAngelis Legal reviewed alternatives with client and prepared a complex revocable trust and irrevocable [...]
Meet Pearl. Pearl joined the office last fall and has quickly changed the culture. In addition to having a keen eye for fashion, she entertains us with her simple outlook and excitabilty. What gets her excited? Here are few estate planning tips that get her really going: Sign your documents. Every day Pearl watches clients [...]
