An integrated estate plan uses a combination of trusts and other entities to safeguard client assets from the threat of potential creditors. By integrating the estate plan and other asset protection strategies, clients are assured of greater security in their savings for the future. Edward D. Brown and Eric R. Kaplan, in an article in the Journal of Practical Estate Planning, explain potential asset protection strategies.
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This story is from the CCH’s monthly Focus on Tax newsletter, which provides advise and guidance on federal and state tax issues for tax and accounting professionals.
Read this article from CCH’s Journal of Taxation of Financial Products