Trusts are one of the most important tools available for tax, estate and financial planning. Alaska has the best laws for setting up trusts. However, sometimes, the terms of the trust do not permit the trust to...
"Read More"
Alaska has corrected a major defect common in self-settled laws. It now provides a definition for a “pre-existing creditor”. Now, one can name a non-resident beneficiary as a co-trustee without compromising...
"Read More"
A recent U.S. Bankruptcy Court decision, 111 re Huber,' held that an Alaska self-settled trust essentially was invalid with respect to claims of the settlor's creditors in bankruptcy. The case doesn't appear to...
"Read More"
Alaska recently ban enacted legislation similar to laws in certain foreign asset protection jurisdiction. As a consequence, an American in any state can create a trust for his or her own benefit which is protec...
"Read More"
The substantial concerns held by Americans about the potential of financially devastating legal judgements have been a primary motivator have been a primary motivator for them to create trusts for their own ben...
"Read More"
The state of Alaska has adopted a new community property law by which a married couple may elect to treat all of their assets or specific as-sets as communicy property. This ar-ticle discusses the estate planni...
"Read More"
Life insurance is one of the least understood financial products in the world. In just a few minutes of study, one can reasonably grasp the concept of equity interests in a business (e.g., common stock, preferr...
"Read More"