• 2011 Asset Protection & Estate Planning - Why Not Have Both?
  • April 8, 2011 | Author: Barry A. Nelson
  • Law Firm: Nelson & Nelson, P.A. - North Miami Beach Office
  • Neither asset protection planning nor estate planning should be viewed as a discipline unto itself. In today’s litigious environment, practitioners should consider combining asset protection planning with each estate plan prepared for a client. After all, if our clients’ assets are lost to a catastrophic judgment, even the most sophisticated estate planning techniques are likely to be worthless. For a summary of some of the potential consequences (i.e., disciplinary actions, damages to creditors, fines and penalties) for failing to integrate asset protection goals with an overall estate plan.