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Protect Your Family's Wealth!
Download our “Spousal Protection Planning Guide” and take the first steps towards financial resilience for generations
FREE DOWNLOAD
Download our “Spousal Protection Planning Guide” and take the first steps towards financial resilience for generations
Topics Include
The Power of the Spousal Protection Trust
Created by Federal Law and holds assets for the benefit of your spouse. It is a tax-savings trust and does NOT count as an asset for Medicaid purposes. Transfer penalties, lookback periods, and the dreaded Medicaid lien does not apply. It is the single, most powerful asset protection trust in American jurisprudence. If you are married, you need this trust
The Problem
We will dive into the problem faced by surviving spouses and how to solve it! Spousal protection planning is based on the fact-based premise that surviving spouses suffer a decrease in monthly income and total net worth when the first spouse dies. Statistically, men live shorter lives than women. Thus, for illustrative purposes, we will speak of the survivor as a being a woman who has survived the death of her husband.
Why Asset Protection Matters
Asset protection plans include all the documents, strategies, and methods of estate planning. Asset protection plans, however, go one step further and lawfully protect assets while the asset owner is still living. See the difference? The value of estate planning triggers at your death and benefits other family members. Asset protection preserves wealth during the lifetime of the asset owners.
The Three Threats
The legal changes you need to know about and how to respond!
Not Estate Transfer
Learn the difference between estate planning and asset protection!
The Power of the Spousal Protection Trust
Created by Federal Law and holds assets for the benefit of your spouse. It is a tax-savings trust and does NOT count as an asset for Medicaid purposes. Transfer penalties, lookback periods, and the dreaded Medicaid lien does not apply. It is the single, most powerful asset protection trust in American jurisprudence. If you are married, you need this trust
Why Asset Protection Matters
Asset protection plans include all the documents, strategies, and methods of estate planning. Asset protection plans, however, go one step further and lawfully protect assets while the asset owner is still living. See the difference? The value of estate planning triggers at your death and benefits other family members. Asset protection preserves wealth during the lifetime of the asset owners.
The Three Threats
The legal changes you need to know about and how to respond!
Not Estate Transfer
Learn the difference between estate planning and asset protection!
The Problem
We will dive into the problem faced by surviving spouses and how to solve it! Spousal protection planning is based on the fact-based premise that surviving spouses suffer a decrease in monthly income and total net worth when the first spouse dies. Statistically, men live shorter lives than women. Thus, for illustrative purposes, we will speak of the survivor as a being a woman who has survived the death of her husband.
LEAVE MORE FOR KIDS, AND GROW YOUR FAMILY'S WEALTH WITH AN ASSET PROTECTION LEGAL PLAN.
✔️ The Problem We Will Solve: When the first spouse dies, the surviving spouse, often suffers reduced income, erosion of net worth, difficulty to manage the family’s wealth, and declining health.
✔️ The Difference Between Estate Planning and Asset Protection: Federal law offers a solution, great remedy, to the problem of spousal impoverishment. This guides introduces the treader to the concept of true asset protection with trusts rather than simple estate transfer through deeds or living trusts.
The guide was written by an experienced asset protection attorney, Darol Tuttle. Admitted to the Washington state bar association in 1996, Mr. Tuttle has emphasized estate, tax, and asset protection planning every since.
Widows are losing a great amount of wealth because simple and ineffective estate plans failed to understand the importance of Spousal Protection Trust Planning.
Spousal Protection Trusts are necessary to protect marital assets!
Asset protection plans are designed to create a virtually impenetrable barrier around your spouse’s inheritance, it guards against creditors, legal judgments, and the devastating effects of Medicaid spend-downs. With this plan, you’re not just passing on your estate; you’re ensuring it thrives and supports your loved ones, even in the face of adversity.
✔️ Spousal Protection Trusts
This trust is the most important trust in American jurisprudence reduces estate tax in ten of the twelve states that do not offer both spouses a tax exemption AND, more importantly, protects the spouse’s inheritance unreachable by brutal Medicaid spend-downs, liens, transfer penalties, and look-back periods
The eGuide is free and is a summarized version of the larger Spousal Protection Guide. The Guide is emailed to you. If you choose, you may sign up for the Brief. We don’t spam. The opposite, actually. We respect your privacy. Unsubscribe at any time.
about the author
dAROL tUTTLE
Attorney at Law
Host BoomX Show: Laws of Money
Founder of BoomX Academy
Founder and CEO of LegalEdge Innovators
Education
Washington State University, 1986
Bachelor’s Degree
University of Washington, 1992
Bachelor’s Degree
Seattle University Law School, 1996
Juris Doctor
Service
United States Army, 1988
Infantry Officer
US Army (Reserves), 1992-2002
Attorney
Judge Advocate’s General Corps
Experience
Admitted to Washington State Bar, 1996
Opened own firm, 1998
Emphasized estate planning, elder law, and asset protection law ever since.
Affiliations
Elder Counsel
Wealth Counsel
National Academy of Elder Law Attorneys