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Showing posts from January, 2023

Roles and Responsibilities Of The Estate And Asset Protection Law Firm!

Are you suffering from a terminal illness? If so, you need to have an updated estate plan in place. But who will help you? Do not worry; the estate and asset protection law firms are there to assist you. Read the blog post to learn about the responsibilities and important aspects related to estate firms. Let’s get started!!! Asset Protection Trust Before discussing the roles of estate and asset protection law, the asset protection trust must be discussed first. An asset protection trust is a legal structure used to protect a person’s assets from creditors.  One important thing to be noticed here is that the trust rather than an individual owns the assets. Hence, they are not subjected to legal claims against the individual. Responsibilities Of The Estate And Asset Protection Law Firm The estate and asset protection law firm provides several services to help their clients to protect their assets. They draft a plan for the distribution of assets after the passing away of their client. S