Estate Planning Help in Chicago, Illinois
Chicago Estate Attorney Donald Thompson
Illinois Estate Planning News

Probate Law

Asset Protection

05 07.08

A variety of
steps can be taken to protect assets from creditors. One
         simple step is to transfer your assets to your spouse. This assumes you have a healthy marriage and that your spouse’s creditors are not a problem. It may also interfere with planning to avoid estate taxes. Other devices which are sometimes used are:
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