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1). Asset Protection And Fraudulent Transfer By : David G. Hallstrom, Sr.
According to information provided by http://www.plan-my-estate.com an estate planning and asset protection resource web site, a Fraudulent Transfer aka Fraudulent Conveyance is a transfer which a debtor makes for the purpose of defeating a creditor's collection efforts against the debtor. This typically happens when, say, a debtor attempts to "sell" everything to his wife, cousin or business partner for $5 to keep his stuff out of the hands of his creditors.
Article Related to: asset protection, fraudulent transfer, law, legal, legal resources
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2). Estate Planning And The Revocable Living Trust By : David G. Hallstrom, Sr.
What is a revocable living trust?
According to Plan-My-Estate.com - With a Revocable Living Trust, you transfer the title of any of your assets (such as a house) from yourself as an individual, to yourself as Trustee of the Trust. Then you, as the Trustee of the Trust, manage the assets of the Trust for the benefit of the beneficiary, which is you.
Article Related to: estate planning, living trust, revocable, revocable living trusts, law, legal, legal resources, resource
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