Trust vs. LLC: What’s the Difference?

Trust vs. LLC: What’s the Difference? Mark Henricks Trusts and limited liability companies (LLCs) are both legal vehicles that can be used to protect assets. Both are also created at the state level but they have different features and different…

How Can I Protect Assets from Creditors?

August 25, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning

Estate planning is not just about saving taxes, it is also about managing and protecting your assets against future creditors, both for you and for your beneficiaries.

Should I Create an LLC for Estate Planning?

July 22, 2020
Bill O’Leary, Esq.
Asset Protection, Business owner, Business Planning, Business Succession Planning, Estate Plan, Estate Planning

Somewhere between a corporation and a partnership lies the limited liability company (LLC). This hybrid legal entity is beneficial not just for small-business owners but is also a powerful tool for estate planning.