The Qualified Dispositions in Trust Act is a game changer for estate planning lawyers. It lets clients create a trust and retain an interest in that trust while keeping creditors from trust assets. Two expert estate planners explain how this act affects your estate planning practice, which of your clients will benefit, and how to establish the new trust.
- Identify the right clients for this new tool
- Transfer assets in the right way to ensure protection
- Select the appropriate trustee for an asset protection trust