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Hooper Law Office,LLC Estate Planning Blog

Monday, March 30, 2015

What about protection from predators?

An "Asset Protected Trust" also provides protection from predators.  A knowledgeable estate planning attorney will insert special provisions into the trust to keep predators away from your spouse's door.  Special trust provisions may include:

  • Directions that the trust assets can be used only by your spouse and no one else;
  • Appointment of a co-trustee to help protect your spouse from potential predators; and
  • A requirement that prior to remarriage the new spouse must sign a prenuptial agreement relinquishing all claims against your spouse's assets.

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