Asset Protection Planning: Which statutory ... - MS Estate Planning

7.? ? Statutory Certainty That a Settlor Can Be a Beneficiary. ?This allows the settlor to benefit from the assets in the trust without affecting the asset-protection qualities of the trust.

8.? ? Statutory Certainty That a Settlor Can Retain Some Degree of Control. ?This allows the settlor to continue to make investment and management choices for the assets in the trust.

9.? ? Statutory Posting of Bond Before Litigation. ?Some legislation includes a requirement that a litigant must post a bond with the court system before filing a lawsuit. ?This is very helpful from a protection standpoint.

Excerpt from The Complete Guide to Estate and Financial Planning in Turbulent Times (Collaborative Press, 2011) - Walt Dallas, Contributing Author

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Source: http://blog.estateplanning123.com/2012/10/asset-protection-planning-which-statutory-elements-are-important-to-consider-on-foreign-asset-protec-2.html

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