Recently (1 mo) married. Looking to transfer home and some other assets into a trust or llc or corporation. Want to protect assets from divorce, entry into nursing home, and eventual death. I was thinking the way to go would be file a corporation in a state that does not require to disclose shareholders, but I'm not sure about the legal and tax implications of transfering proprty into it and also of not being able to show that I was compensated for the property. Any informed comments?
2007-02-05 16:14:19 · 3 answers · asked by - 3 in Business & Finance ➔ Personal Finance
I'm in the USA
2007-02-05 16:15:47 · update #1
Contact an elder law attorney who has experience with estate planning and asset protection. This is far too complicated an area for this forum.
I think the corporation would be the worst thing you could do as it would not accomplish any of the goals stated above. There are trusts, post nuptial agreements and estate planning documents that can do what you want.
2007-02-05 22:42:48 · answer #1 · answered by waggy_33 6 · 0⤊ 0⤋
A counselor, marriage counselor or some kind of therapy. If you want the marriage to work - you have to take the first step in forgiving and letting go. If you can't do that - then you let the marriage go. Yes, he cheated. Some men do - all the time. Some only once. Up to you how badly you want to work this out. So suggestions and advice is work on yourself. Get counseling to help get past the depression. Or if you don't want professional counseling or can't afford it - try finding some books to help. I'm not suggesting working on yourself as that in any way you are at fault. I'm suggesting working on yourself - for yourself. No matter how it turns out - you want to be a strong, healthy person. The more you can be that - the better you can deal with issues.
2016-05-23 22:33:47 · answer #2 · answered by ? 4 · 0⤊ 0⤋
1
2017-02-17 20:29:48 · answer #3 · answered by owen 3 · 0⤊ 0⤋