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Protect My Home |
You Work All Your Life For A Piece of Land to Call Your Own,Something to Leave Your Spouse and Children. But The Land is Not Yours -Try Missing Your Tax Payments, and With The Proliferation of Lawsuits,The Best Estate Planning Techniques Are Useless If the Plan’s Assets Are Lost To Creditors or Divorce. |
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“Property Must Be Secure
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Liberty Cannot Exist”
John Adams
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Your personal residence is a natural target of your creditors. With assets that cannot be moved outside the U.S. (e.g. a home), a U.S. judge always has jurisdiction. No asset protection structure, therefore, can fully protect your home, though some such as the Qualified Personal Residence Trust or QPRT come close. There are certainly many different options to explore that may be successful in keeping creditors away, or at least frustrate them sufficiently that they move on to another case. |
The protective strategy you use, however, can make it difficult, time consuming and expensive to reach, thereby giving you negotiating strength. |
Techniques to Protect a Personal Residence |
- QPRT or Qualified Personal Residence Trusts
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- LLC or Limited Liability Companies
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To Completely Shield Real Estate Equity: |
- Sell It and Protecting the Proceeds. Cash Can be Fully Protected,
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- Move to an Unlimited or a large homestead exemption State,
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- Use an International Equity Strip
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Issues relating to your personal residence cannot be analyzed in isolation. They should always be considered in connection with an over-all asset protection strategy. There is no perfect way to protect your home, but there are many different options to explore to keep creditors away, or at least frustrate them sufficiently that they move on to another case. |
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We do not limit your planning to any one strategy; however we do limit ourselves to tax compliant, legitimate time-tested business and asset protection structures. Our job is to help you build and implement a compliant strategy that fits your life-long needs. Your plan can encompass your business, your homes, and your personal life. Your estate, including your generational wealth, as well as your philanthropic and succession planning can also be considered. We start out with the premise that all options are on the table and then develop a strategy that meets with your goals in this ever-changing global environment. |
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Secure Your Financial Future Now! Call Us Today 1-818-906-0126
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