Estate Planning
Do you know estate planning is not only for wealthy people, but every family in the US?
Once you have a family or a property or you simply have some assets, you will need estate planning.
A basic estate planning includes a will, guardians, power-of-attorney and maybe some trust.
Do you know besides federal estate tax, some state may have state estate tax & inheritance tax which may have much lower threshold?
Do you know how to use annual tax-free gift money appropriately to reduce your estate?
Do you know for non resident alien, assets above $60K will be subject to estate tax in the US?
Do you know the succession order in the US may be different from China?
Do you have a succession plan for your lifetime wealth?
Do you know the probation could take years and lots of money?
Trust
Do you know the difference between revocable trust and irrevocable trust?
Do you know the tax rate for a trust?
Do you know A B trust, dynasty trust and charitable-related trust?
Do you know when is the best time to transfer your asset to a trust?
Have you heard from medicaid trust?
Legal Protection
Do you know US has the most lawyers and lawsuits in the world?
Do you have any legal protection plan for your family and assets?
Do you know your asset could be frozen if you face a lawsuit?