Blog Archives

Do I need a will or a trust?

Probably the most common question I get from clients is whether they should make a will or a trust. The internet is full of helpful information regarding this issue, but the amount of information can be absolutely overwhelming. Plus, everyone’s

Posted in Asset Protection, Blog, Estate Planning, Uncategorized

Asset protection planning for physicians

It’s no secret in the legal community: doctors are extremely “high-value” targets for lawsuits. To make matters worse, efforts to reinstate the cap on non-economic damages in medical malpractice lawsuits have recently floundered in the Missouri legislature. Consequently, effective asset

Posted in Asset Protection, Blog, Estate Planning, Uncategorized

Personal Assets Are For Trusts; Business Assets Are For Business Entities

Put personal assets in your revocable trust. Business entities such as corporations, partnerships and LLCs are meant to be vehicles for commercial operations, not to act as personal piggybanks. When personal assets are placed into a business entity, the potential

Posted in Asset Protection, Blog, Estate Planning, Uncategorized

Asset Protection Planning Is Not A Substitute For Insurance!

Asset protection planning should not be a substitute for liability and professional insurance. It is a myth that asset protection plans invariably scare away plaintiffs Moreover,an asset protection plan doesn’t pay legal fees to defend against a lawsuit. If you get sued,

Posted in Asset Protection, Blog, Estate Planning, Uncategorized