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Category Archives: Asset Protection

Trust

How Do You Fund A Florida Revocable Living Trust?

By Legacy Protection, LLP |

The process of creating a revocable living trust begins with signing a trust instrument, i.e., a document spelling out the terms and conditions of the trust, including who will serve as trustee and who are the trust’s beneficiaries. But this is just the first step. Indeed, the trust instrument is little more than a… Read More »

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What to Consider When Buying a Business in Florida: Due Diligence and Risk-Free Examination

By Legacy Protection, LLP |

Starting a new business can be a risky and financially overwhelming endeavor. Statistically speaking, more than 50% of new businesses fail during the first five years. Nearly 70% of new business startups in the U.S. ultimately fail during the first 10 years. There are various reasons why new businesses fail. Lack of monetary resources,… Read More »

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Asset Protection Planning Strategies in Florida to Shield Your Assets from Future Creditors

By Legacy Protection, LLP |

Florida citizens are becoming increasingly curious and proactive about asset protection planning. Our St. Petersburg asset protection lawyers are often asked about how to protect assets from lawsuits and other creditors, and whether there is anything you can do to protect your assets in the event you are sued. Who Can Benefit from Asset… Read More »

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Asset Protection as Part of your Estate Planning

By Legacy Protection, LLP |

When it comes to estate planning, most people believe it is primarily about who gets what when you pass away. However, a very important part of your estate plan should include how to protect the hard-earned assets you have accumulated during your lifetime. If you wait until you’re facing a crisis, it’s often too… Read More »

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Why You Need a Florida Premarital Agreement as Part of Your Estate Plan

By Legacy Protection, LLP |

For years, premarital agreements, more commonly known as prenuptial agreements or “prenups,” have been viewed rather negatively by most people. They’re portrayed on television and movies as a way to keep your spouse from getting any money or assets in a divorce, so it’s no wonder that countless people don’t want one or will… Read More »

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