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ASSET PROTECTION LIVING TRUSTS Revocable Living Trust A revocable living trust is a legal document that includes your instructions for what you want to happen to your assets when you die. It is similar to a will in this regard, but, unlike a will, a living trust avoids probate at death. It also prevents the court from controlling your assets if you become incapacitated. It gives you (not the courts) control of the assets you leave to your minor children or grandchildren. You do not lose control of your assets when you put them into a living trust. You can continue to buy, sell, mortgage, etc., just like before. You can cancel the trust at any time. A revocable living trust does not, in and of itself, provide asset protection. However, it does avoid probate, allow you to keep control and there are a few tricks that will enable your trust to provide some appearances of asset protection. Offshore Asset Protection Trust For the ultimate in asset protection and estate planning the offshore Asset Protection Trust is the way to go. When you combine domestic strategies, with the asset protection trust, you become 99.9% bullet proof. With an offshore trust controlling your asset, it becomes very difficult, if not impossible, for a creditor to gain control or get the assets sent back to the U.S. Just like a revocable living trust, the offshore asset protection trust allows you to avoid probate and distribute your assets to your heirs. Since it is governed by offshore jurisdiction, the trust is not subject to U.S. claims or orders from U.S. courts.
	F. Darrell Lindsey U.S. State Licensed Agent/Broker State Approved Captive Manager
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