Asset Protection Planning: How much of my ... - MS Estate Planning

For clients with a net worth of approximately $10 million, a 20%-30% allocation is probably reasonable. ?For higher net worth clients, that percentage may climb to 60% or 70%. ?It really depends on your particular situation, your goals, and the risks you and your assets face.

Also, keep in mind that this is "nest egg" planning, and is not meant to contain the vast majority of your assets. ?In other words, if you are wiped out by a malpractice lawsuit (as an example) it would be beneficial to have one or two million dollars protected with which to start over.

Excerpt from The Complete Guide to Estate and Financial Planning in Turbulent Times (Collaborative Press, 2011) - Walt Dallas, Contributing Author

Click here to register for our eNewsletter.

For more information on Madison and Jackson MS Wills Trusts and other Estate Planning please visit our website.

For a Video on Health Care Directive please visit our website.

?

Source: http://blog.estateplanning123.com/2012/10/asset-protection-planning-how-much-of-my-assets-should-i-put-into-an-asset-protected-structure-pt-2.html

outback chaka khan taylor swift safe and sound delilah nevis 2012 sports illustrated swimsuit same day flower delivery