Episode 55. The Smart Move: Protect Your Biggest Asset by Placing Your Home in a Trust

Posted on

Apr 19, 2024


Pennsylvania - South Central PA

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Episode 55. The Smart Move: Protect Your Biggest Asset by Placing Your Home in a Trust

Regardless of your financial situation, putting your home in an asset protection trust provides unparalleled benefits—it safeguards the wealth in your home, anticipates future healthcare needs, and minimizes taxation. Placing your home in a trust is not just a smart financial move, it provides you with the sense of security that comes with continued control and ownership of your home.

Estate tax planning trusts were used more when tax rates were much higher. But today, it makes more sense to use an asset protection trust. An asset protection trust that satisfies the look-back period ensures you won’t lose the home to creditors, reduces capital gains tax, and provides your children and grandchildren with greater inherited wealth.

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