Q: What is an estate?
Q: What is a will?
Q: How can I revise my will?
Q: What is a trust?
Q: What is a probate estate?
Q: What is the federal estate tax (or death tax)?
Q: What is a living trust?
Q: What is a conservatorship?
Q: Is asset protection legal?
Q: Do I need an estate attorney when I can write a simple will myself?

Q: Is asset protection legal?

A: Asset protection is legal when it is done legally. You cannot hide your assets or omit income when reporting your taxes. You cannot transfer assets in order to avoid debts. It is important to consult with an attorney when attempting to protect your assets, in order to avoid taking an illegal action.

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