Simple Money Wins
Anthony S. Park
Executor, Attorney, Entrepreneur
I’m a New York executor and attorney, helping folks with estates, real estate, and inheritance.
I’m also an entrepreneur, ranging from running a factory in east Africa to local retail businesses.
I also podcast and write books, to share knowledge about how to make your legal and money matters easier.
E163 Always Leave Inheritance in a Trust Fund
/in New York Wills and Trusts, Wills /by Anthony ParkRich people don’t walk past free money, they pick it up (metaphor, not literally). Let’s discuss an estate planning example: asset protection trusts instead of direct gifts
Today we’ll discuss:
(1) What’s a direct gift?
(2) What’s an asset protection trust?
(3) Why it’s “free money” that EVERYONE should take
E162 Post-Coronavirus Trusts Make Even MORE Sense
/in New York Wills and Trusts, Wills /by Anthony ParkThere are lots of reasons why a trust is better than just a will. And post-coronavirus, a trust makes even MORE sense.
Today we’ll discuss:
(1) Video notary instead of witnesses
(2) Quarantine is a new type of incapacity
(3) Locked down courts: another reason to avoid probate
E161 Court-Appointed Strangers
/in New York Wills and Trusts, Wills /by Anthony ParkMost of us cringe at the idea of some stranger or bureaucrat having power over us. But that’s exactly what happens with Court-Appointed Strangers. Specifically Guardians: the strangers with power over our seniors
Today we’ll discuss:
(1) How Guardians get power
(2) Some unnerving examples
(3) It’s always about money
(4) How to avoid this type of stranger
(5) Other types of court-appointed strangers