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This is really the kind of question that you should discuss with a lawyer, but I would say that you could place your assets in an irrevocable trust, of some kind.

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Does adult protective services have the right to look up bank account information on a victim?

Adult Protective Services may request access to a victim's bank account information if it is necessary for investigating and addressing potential financial exploitation or abuse. This action is typically taken to protect the individual's well-being and ensure their financial assets are not being misused or stolen.


How happens if defendant has no assets?

If the defendant has no assets, they may not be able to pay a monetary judgment against them. In such cases, the plaintiff may not be able to collect on the judgment unless the defendant's financial situation changes in the future.


What percent does a financial advisor charge to take care of your financial needs?

Financial advisor fees can vary, but they usually charge a percentage of the assets they manage on your behalf. This fee typically ranges from 0.5% to 2% of your total assets annually. Some advisors may also charge a flat fee or an hourly rate for their services.


What does a probate lawyer do first when handling an estate?

A probate lawyer typically starts by reviewing the deceased person's will, if there is one, to determine who the beneficiaries are and what assets are involved. They also identify and notify potential heirs, gather documentation of the deceased person's assets and debts, and submit the will for probate if necessary.


Is inheritance money and property safe from legal judgments in the state of Louisiana?

No it would not be safe from legal judgments. It becomes an asset of the individual and it is subject to having a lien put on it. If possible, the assets could be put in a trust to protect them.

Related Questions

What should be included in a financial plan to protect assets?

A financial plan should include steps to alleviate debt in order to protect assets. The financial plan should also defined assets according to their importance to the company.


How much insurance do I need to adequately protect myself and my assets?

The amount of insurance you need to adequately protect yourself and your assets depends on factors such as your income, assets, liabilities, and lifestyle. It is recommended to have enough insurance coverage to protect your assets and provide financial security in case of unexpected events. Consulting with a financial advisor can help you determine the appropriate amount of insurance for your specific situation.


Where online can I find prices on Nursing home costs?

You can find online prices of nursing homes any where out there. Such as this one www.ultratrust.com/protect-assets-nursing-home-costs.html It says that it is tax free as well.


What are non financial assets?

non financial assets characteristics


Lease obligations real or financial assets?

They are financial assets because they are non-physical assets


What is the purpose of Sarbanes-Oxley Act of 2002?

To protect investors from fraud and false financial reporting.


How can I protect my assets in a marriage?

One way to protect your assets in a marriage is to consider a prenuptial agreement. This legal document outlines how assets will be divided in the event of a divorce. It is important to consult with a lawyer to ensure the agreement is legally binding and fair to both parties. Additionally, keeping separate bank accounts and assets can also help protect your individual assets in a marriage. Communication with your partner about financial matters is key to maintaining transparency and trust in the relationship.


Are bank loans financial assets?

Bank loans are financial assets for the banks and financial liabilities for recipients of the loans.


What if you need To be in a nursing home but you make too much to qualify for medicaid but not enough to pay for the nursing home?

As long as you meet the non-financial factors of eligibility for Medicaid, the State will expect you to apply your "excess" income/assets to your nursing/medical care and the Medicaid will pick up the remainder of the medical/nursing bills.


How can I ensure my assets are safeguarded and protected from creditors?

To safeguard your assets from creditors, you can consider strategies such as setting up a trust, creating a limited liability company (LLC), purchasing insurance, and consulting with a financial advisor or attorney for personalized advice. These methods can help protect your assets in case of legal claims or financial difficulties.


Difference between real assets and financial assets?

Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.


Differentiate between financial and physical assets?

Physical assets are plant, machinery, tools, land, building e.t.c where as financial assets include cash, shares, bonds, marketable securites, financial assets are used to purchase Physical asstes.