Super Bowl 46 Mario Manningham Catch -- Was that Amazing Or What! No one will ever forget the amazing Manningham catch that was critical to the Giant’s Super Bowl victory, if a catch like that doesn’t get you juiced, you better check your pulse! Well in the estate planning equivalent is to set up a domestic asset protection trust (DAPT) now, before year end. It’s a set up to win the tax game before the clock runs out on the current tax rules. Set up a trust in Alaska, you, your spouse or partner, and any kids and future descendants can all be beneficiaries. The assets in the trust grow outside your estate, outside the reach of the federal and estate tax man, protected from future claimants and creditors. Here’s what you do:
Subscribe to our email list to receive information on consumer webcasts and blogs, for practical legal information in simple English, delivered to your inbox. For more professional driven information, please visit Shenkman Law to subscribe.