If you want to protect your assets from creditors, predators, and estate taxes (and possibly an ex-spouse!), Wealthy and Wise with Gideon Rothschild is the blog to read. Attorney Gideon Rothschild is an estate planner with more than 30 years of experience advising clients—now you can follow his posts as he takes you through many of the effective strategies that can protect your hard-earned wealth for generations to come. And with the new tax law upon us, read Wealthy and Wise with Gideon Rothschild for “legal loopholes” to maximize your estate now and in the future.
The new federal tax law means that some previous lifetime gifts to heirs will now cost a family more of its wealth and should be reversed.
You have to walk a fine line to give your heirs just the right amount of control over their trusts. Here’s how to do it.
Many people leave wealth to their heirs only to have those assets scooped up by creditors or other outsiders. How to prevent that.