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February 06, 2012

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Asset Protection Resources

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Did You Know?

A Living Trust is an entity created for the purpose of holding and managing assets
A Living Trust is an entity created for the purpose of holding and managing assets for the benefit of the creators of the Trust (the “Trustors”) during their lifetimes and then for the purpose of management and distribution of the assets to the beneficiaries designated by the Trustors. There are various reasons for creating Living Trusts: (a) To avoid probate administration on death of either Trustor. (b) To avoid a court supervised conservatorship in the event of lifetime disability of either Trustor. (c) To provide for the management and distribution of assets during continued administration of the Trust or upon its termination.

	Newsroom
	News about Asset Protection cases in Oregon and nationwide: Metlife Offers Redesigned Asset Protection Policies For New York State Partnership New York – MetLife is the first carrier to offer redesigned New York State Partnership for Long-Term-Care (NYSPLTC) insurance policies to individua... Read more > Increasingly Integrated Financial Management Systems Are Expected To Support Program Managers Financial Managers, OMB Circular A-127, Financial Management Systems, initially issued in 1984, was revised in 1993. This Circular sets forth general policies fo... Read more > Department Licenses State's First Group Captive For Fourteen Of New York’s Major Financial Institutions Superintendent of Insurance Gregory V. Serio today announced that the State Insurance Department has lic... Read more > More Asset Protection News >

Asset Protection.com Terms

Today's Terms

Revocable Trust

Definition:
In a living, or revocable trust, you name yourself as the grantor, the trustee, and the current beneficiary. You then transfer some or all of your assets to the trust. The terms of the trust require that the trust is to be used for your benefit during your life. After your death, the living trust continues for the benefit of your intended beneficiaries.

Trusts for Children

Definition:
You can set up a trust for your children, too. The terms of the trust can specify which of the children's expenses to pay and under what circumstances.

Secret Bank Accounts

Definition:
Infamous numbered and bearer Swiss bank accounts. Switzerland has come under much scrutiny through scandals relating to money laundering and holding assets

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Asset Protection Resources

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Asset Protection Hot Topics

Topics Related to Asset Protection:

Trusts
Wills
Uniform Probate Code
Gift Tax
Dynasty Trust
Annuities

Oregon Asset-Protection Attorney

If you live in the following cities and need an Asset-Protection attorney you should contact our Asset-Protection Attorney as soon as possible:

Albany
Ashland
Beaverton
Bend
Canby
Central Point
Clackamas
Coos Bay
Corvallis
Cottage Grove
Dallas
Eugene
Forest Grove
Grants Pass
Gresham
Hermiston
Hillsboro
Hood River
Klamath Falls
La Grande
Lake Oswego

Lebanon
Mcminnville
Medford
Newberg
Ontario
Oregon City
Pendleton
Portland
Prineville
Redmond
Roseburg
Salem
Sherwood
Springfield
The Dalles
Troutdale
Tualatin
West Linn
Wilsonville
Woodburn

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Oregon Asset Protection.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.

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