Jacksonville Asset Protection

Estate Planning

With the hotbed of litigation that is prevalent in Jacksonville, Florida and society today in general, many wealthy Americans are looking for ways to protect the assets for which they have worked so hard. There are several techniques that are available which are discussed on the pages linked below.

Trust:

This term refers to a legal arrangement where one person (the "grantor") gives control of the grantor’s property to a trust, which is administered by a "trustee" for the "beneficiary's" benefit. The grantor, trustee and beneficiary may be the same person. The grantor names a successor trustee in the event of incapacitation or death, as well as successor beneficiaries.

Return to: Estate Planning Summary - at Ourednik law offices in Jacksonville Beach, Florida.

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