Question:

I received a large sum of money through gifts and inheritance and have kept it in separate accounts.  They have not been co-mingled into the marriage so my spouse cannot touch it in the event of a divorce. I now have it in CD's but would like to invest the separate money into other investments, mostly into real estate with a little put into stocks and bonds. Can I do this and still be assured that the separate money I put up and any appreciation from the investments will still remain separate property and not subject to division in the event of a divorce? Would putting the separate property, gifts, inheritance, and real estate I owned before the marriage into a trust help in any way?

Joseph Cordell, JD, CPA, LL.M, explains creative ways to ensure the well-being of your loved ones after your death. The discussion hinges on understanding the differences between a will and a trust when it comes to protecting your assets from creditors and predators. Watch part 1.

by Joseph Cordell, JD, CPA, LL.M

In this episode, Joseph Cordell will explain to you the importance of correctly utilizing using properly configured trusts in an effort to protect your assets.  From our video series, Cache Counsel: Executive Asset Protection. Click "Read More" to see the video.