This initial podcast was intended for doctors but it’s applicable to others as well.
Asset protection expert Martin Shenkman gives advice on how to keep your net worth secure.
David Conley
David is a partner at Smith, Conley & Associates, PC. In addition to writing and tax consulting, he is active in the pro-life community serving as President of the Fayette County Right to Life chapter of Georgia Right to Life.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.
Always remember that, in tax planning, one size doesn’t fit everybody. Here in Georgia, there are actually certain types of assets that you would be better off (both financially and tax-wise) if the assets went through probate. I’ve a number of clients that use trusts as you described but I’ve learned to be very leery of DIY websites. More often than not, these type of documents are not in compliance with state law. Let me know if you wish to discuss at length.