Attorneys Destroyed an Estate… in 5 Different Ways!
Attorneys who don’t do estate planning as the main part of their practice can make huge mistakes and destroy an estate. This blog covers five big ones that impacted one family. I recently reviewed an estate that ended up potentially being destroyed by a few attorneys who really didn’t know what they were doing. For […]
The Irrevocable Trust Revenue Ruling Nothing Burger
New revenue ruling on irrevocable trusts and why it doesn’t mean anything new. There has been a lot of buzz in the estate planning news world about a catastrophic revenue ruling by the IRS. Professional journals and news outlets are screaming about how the IRS is quietly taking away your precious tax breaks when it […]
The Divorce Firewall Strategy Book Launch Next Week
What is the most effective way to plan ahead and shelter assets should a marriage fall apart? Get the answer to that question and more in the new book “The Divorce Firewall Strategy” by Jeffrey G. Marsocci, The Plain English Attorney™. The Book Launch On Monday, July 31, 2023, my book launch of The […]
The Ideal Divorce Firewall Strategy
Part of a chapter from the upcoming book “The Divorce Firewall Strategy” is due for release in early August 2023. For all of my clients and content consumers, thank you for your patience. In the last few months, a lot of time has been divided between the usual law firm work, creating content, the Advanced […]
Can You Use Out of State Protective Trusts?
Protective Trusts There is an extremely effective asset protection trust where you can place your assets into a trust, be the beneficiary of that trust, and secure those assets from divorce, lawsuits, and creditors. Unfortunately, it is not available in most states, including North Carolina. Those states do not allow you to set up a […]
DIY Estate Planning
No Logic Required I frequently review questions and answers on Reddit for Estate Planning. Many times, there are legitimate questions from people as well as good advice provided. However, I’m frequently reminded that there are a lot of people online who are seeking the answer they want to hear rather than the truth such as […]
