A Business Owner's Guide to Trusts, Taxes and Infinite Banking with Attorney Anthony Brister
The Infinite Wealth Podcast
Asset Protection Trusts and Moving Assets into a Trust Explained
Asset protection trusts are commonly used in states with low homestead protection rates to safeguard assets, such as a home, from civil lawsuits. Homestead protection varies by state, with some states offering unlimited protection like Texas, while others like Virginia have low thresholds. Moving assets into a trust involves re-titling assets such as brokerage accounts, life insurance, and bank accounts, changing beneficiaries or owners, drafting new deeds for real estate, and using assignments and consents for business assets.
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