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Attorney Jeffrey P. Coleman describes what to consider when choosing an executor, a personal representative or trustee when creating a trust. Video Transcript: In the situation of selection of executor or personal representative, we recommend frequently that there be a family member identified in that position. In some circumstances it ...
Attorney Jeffrey P. Coleman explains how to fund a trust and why it is necessary fund it for an effective estate plan. Video Transcript: In order to fund the trust it’s necessary to place assets into that trust. Think of it as some kind of container that you’re using ...
Attorney Jeffrey P. Coleman describes those who can benefit from creating a trust. Video Transcript: Both the person creating the trust and the beneficiaries of that trust can reap substantial benefits from the creation of a trust. Avoidance of certain aspects of probate can be just one example of ...
Attorney Jeffrey P. Coleman clearly explains the most important task to concentrate on when creating a trust with your estate plan. Video Transcript: First of all, if you want to trust to fulfill your intended goals you need to read it; you need to understand it, and you need ...
Attorney Jeffrey P. Coleman lists some of the benefits of creating a trust in an estate plan. Video Transcript: The benefits of the trust can often depend on the terms of the trust. It’s important that any trust be crafted and customized to your particular concerns. Among the benefits ...
Attorney Jeffrey P. Coleman explains what a trust is and lists some examples of the different types of trusts that exist. Video Transcript: Trusts are another way of holding assets or moving assets from point A to point B. A trust can be created under the terms of your ...
Attorney Jeffrey P. Coleman explains alternatives to using a trust when trying to protect your assets. https://www.youtube.com/watch?v=XSqxRMlX3fwVideo Transcript: There are other ways to protect your assets other than using a trust. These need to be carefully considered so that you can maintain not only the asset protection, but the control ...
Attorney Jeffrey P. Coleman describes some professionals who may also assist you in customizing a successful asset protection plan. Video Transcript: There are a number of different ways that you can be tripped up in preparing an asset protection plan. You need to work with a team, that ...
Attorney Jeffrey P. Coleman explains some different methods for creating an asset protection plan, and whether that requires planning for all types of assets. Video Transcript: It is not necessary that you apply asset protection to all assets but understand that that which you do not plan for in advance, ...
Attorney Jeffrey P. Coleman details a few risks associated with asset protection plans when they are not properly composed. Video Transcript: There are some risks associated in asset protection plans. If they are not properly constructed: you could lose control of your assets. If they are not properly constructed: ...
