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Asset protection planning is the setting up your property and assets in such a way that it won’t be subject to fickle potential plaintiffs in a lawsuit.
A trustee (who might not be you) manages the trust assets.
Avoiding probate court requires proactive planning, but the peace of mind and financial protection it provides your family is invaluable.
To properly provide for your greatest legacy, it is important to incorporate some or all of these features into an estate plan through the use of carefully drafted wills and trusts by an estate planning attorney familiar with these issues.
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