Alaska has corrected a major defect common in self-settled laws. It now provides a definition for a “pre-existing creditor”. Now, one can name a non-resident beneficiary as a co-trustee without compromising...
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A recent U.S. Bankruptcy Court decision, 111 re Huber,' held that an Alaska self-settled trust essentially was invalid with respect to claims of the settlor's creditors in bankruptcy. The case doesn't appear to...
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Alaska recently ban enacted legislation similar to laws in certain foreign asset protection jurisdiction. As a consequence, an American in any state can create a trust for his or her own benefit which is protec...
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The substantial concerns held by Americans about the potential of financially devastating legal judgements have been a primary motivator have been a primary motivator for them to create trusts for their own ben...
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The state of Alaska has adopted a new community property law by which a married couple may elect to treat all of their assets or specific as-sets as communicy property. This ar-ticle discusses the estate planni...
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Life insurance is one of the least understood financial products in the world. In just a few minutes of study, one can reasonably grasp the concept of equity interests in a business (e.g., common stock, preferr...
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