The Plain English Attorney Blog

Far too many attorneys overcomplicate things, making topics convoluted and difficult to understand to the average person. This blog is committed to explaining legal planning topics in an easy to understand format, in plain English. Enjoy the blogs, and please let us know if there is a topic you would like covered.

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Protecting the Kids From a Divorce Disaster #beneficiary #estateplanning #guides #livingwill #planning #process #spouses #trustplanning asset protection asset protection trust attorney attorney advice divorce estate planning estate planning attorney lawyer advice lawyers advice legacy wealth planning livingtrust north carolina personal property planningattorney pre-marital agreement premarital agreement prenup revocable trust revocable trusts the plain english attorneyā„¢ trust trust funds trust planning trustee Jun 17, 2024

This one's going to be in two parts and it's about protecting the kids from a potential divorce disaster. The first part is putting together your own estate plan and what you can do to protect an inheritance that's going down to the kids so that it doesn't end up being claimed in a divorce. And...

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5 Toxic Lawyer Schemes #estateplanning #estatetaxes #financialplanning #longtermplanning #planning #probate #trustplanning asset protection asset protection trust common mistakes estate planning estate planning attorney lawyers advice north carolina planningattorney probate probate problems the plain english attorneyā„¢ trust trust planning Feb 19, 2024

It's unfortunate, but there are numerous estate planning practices that have become standard operating procedure at law firms that are not necessarily the best thing for the clients or their families. In fact, they seem designed specifically to make more money for the law firm than they are to...

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The Plain English Attorney
The Truth About Gun Trusts
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The Truth About Gun Trusts #trustplanning #trusts asset protection asset protection trust attorney trust Jan 15, 2024

Gun Trusts are becoming more and more popular, but there are a lot of misconceptions and myths surrounding them. Just as with avoiding probate in estate planning with a revocable living trust, gun trusts attempt to avoid as much red tape as possible during life and after death. Here are just some...

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Five Divorce Disasters asset protection trust divorce premarital agreement Nov 27, 2023

A 50% divorce rate is an unfortunate statistic in our current society, and, unfortunately, many people fail to handle the divorce properly resulting in a lot of unintended consequences. These negative results go far beyond simply delaying divorce or not getting everything you are entitled to in...

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Three Asset Protection Perspectives asset management trusts asset protection asset protection trust estate planning strategies inlawplanning ira trusts Jul 31, 2023

Since I founded my law practice, I have consistently wanted to work with clients who preferred to plan ahead to avoid problems rather than clean them up after. This naturally led me to estate planning since using the right type of strategy and documents to avoid probate would have saved my...

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A Divorce Shield? The Domestic Asset Protection Trust asset protection trust pre-marital agreement Apr 10, 2023

Recently, I've seen a trend of people wanting to protect their assets from a potential divorce as part of their life planning before getting married. While premarital agreements have a place, there are some ways to get around some or all of the terms in an agreement, and people want to be sure....

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