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	<title>Phillips Asset Protection &#187; living trust</title>
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		<title>The Living Trust Screw-up</title>
		<link>http://www.phillipsassetprotection.com/the-living-trust-screw-up/</link>
		<comments>http://www.phillipsassetprotection.com/the-living-trust-screw-up/#comments</comments>
		<pubDate>Mon, 17 May 2010 21:04:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[estate plan]]></category>
		<category><![CDATA[grantor trust]]></category>
		<category><![CDATA[irrevocable trust]]></category>
		<category><![CDATA[living revocable trust]]></category>
		<category><![CDATA[living trust]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1936</guid>
		<description><![CDATA[By Lee R. Phillips
I had a client bring a “living trust” to me last week.  The client thought the trust was going to solve all of his estate planning problems.  NOT SO!!  It was done by an insurance agent, and this guy had set him up with an “irrevocable personal residence trust.”  The agent had [...]]]></description>
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		<title>Q&amp;A Jan 2010  How to Transfer a House: Annuities and Judgments:  Family Trusts:  Asset Protection Plan:  Co-Trustee Duties:  Types of Trusts</title>
		<link>http://www.phillipsassetprotection.com/qa-jan-2010-how-to-transfer-a-house-annuities-and-judgments-family-trusts-asset-protection-plan-co-trustee-duties-types-of-trusts/</link>
		<comments>http://www.phillipsassetprotection.com/qa-jan-2010-how-to-transfer-a-house-annuities-and-judgments-family-trusts-asset-protection-plan-co-trustee-duties-types-of-trusts/#comments</comments>
		<pubDate>Mon, 11 Jan 2010 21:53:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[2503 trust]]></category>
		<category><![CDATA[annuities]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[gift tax]]></category>
		<category><![CDATA[Guaranteed Millionaire]]></category>
		<category><![CDATA[irrevocable trust]]></category>
		<category><![CDATA[judgments]]></category>
		<category><![CDATA[limited liability company]]></category>
		<category><![CDATA[living trust]]></category>
		<category><![CDATA[llc]]></category>
		<category><![CDATA[Revocable trust]]></category>
		<category><![CDATA[successor trustee]]></category>
		<category><![CDATA[tax lien]]></category>
		<category><![CDATA[taxable estate]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1844</guid>
		<description><![CDATA[  
By Lee R. Phillips

We receive lots of queries from people who are struggling with the important issues of asset protection and estate planning. Periodically, we answer some of those questions for everyone to learn from, or at least help you see options that you need to discuss with your own trusted advisors.



Best Way [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>Will Brittany Murphy’s Estate Be Private?</title>
		<link>http://www.phillipsassetprotection.com/will-brittany-murphy%e2%80%99s-estate-be-private/</link>
		<comments>http://www.phillipsassetprotection.com/will-brittany-murphy%e2%80%99s-estate-be-private/#comments</comments>
		<pubDate>Wed, 23 Dec 2009 20:16:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[Brittany Murphy]]></category>
		<category><![CDATA[estate planning]]></category>
		<category><![CDATA[Guaranteed Millionaire]]></category>
		<category><![CDATA[living revocable trust]]></category>
		<category><![CDATA[living trust]]></category>
		<category><![CDATA[Michael Jackson]]></category>
		<category><![CDATA[probate]]></category>
		<category><![CDATA[will]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1835</guid>
		<description><![CDATA[By Lee R. Phillips
Brittany Murphy&#8217;s death has certainly come as a shock to the world.  In a way, it is even more shocking to learn that the death was &#8220;due to natural causes,&#8221; according to the Los Angeles coroner.  Her husband, British screenwriter Simon Monjack, is in shock and is quoted as stating, &#8220;I am [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
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		<title>Celebrate! Make a Trust</title>
		<link>http://www.phillipsassetprotection.com/celebrate-make-a-trust/</link>
		<comments>http://www.phillipsassetprotection.com/celebrate-make-a-trust/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 16:07:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[estate planning]]></category>
		<category><![CDATA[estate planning awareness]]></category>
		<category><![CDATA[heath care]]></category>
		<category><![CDATA[living trust]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[will]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1759</guid>
		<description><![CDATA[

Did you know that the third week in October is National Estate Planning Awareness Week? It is a good idea because:

70% of      Americans do not have a basic will &#8211; those that have a will fail to keep it      updated.
79% do     [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Questions from Our Readers</title>
		<link>http://www.phillipsassetprotection.com/questions-from-our-readers/</link>
		<comments>http://www.phillipsassetprotection.com/questions-from-our-readers/#comments</comments>
		<pubDate>Fri, 02 Oct 2009 21:15:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[Asset Protection]]></category>
		<category><![CDATA[business planning]]></category>
		<category><![CDATA[corporation]]></category>
		<category><![CDATA[estate planning]]></category>
		<category><![CDATA[limited liability company]]></category>
		<category><![CDATA[living trust]]></category>
		<category><![CDATA[llc]]></category>
		<category><![CDATA[probate]]></category>
		<category><![CDATA[protect residence]]></category>
		<category><![CDATA[rest home]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[trust account]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1754</guid>
		<description><![CDATA[
We receive lots of queries from people who are struggling with the important issues of asset protection and estate planning. Periodically, we’ll try to answer some of those questions for everyone to learn from, or at least help you see options that you need to discuss with your own trusted advisors. Here’s the first of [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Should Your Trust Own Your Business?</title>
		<link>http://www.phillipsassetprotection.com/should-your-trust-own-your-business/</link>
		<comments>http://www.phillipsassetprotection.com/should-your-trust-own-your-business/#comments</comments>
		<pubDate>Wed, 03 Jun 2009 00:43:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Lee R. Phillips]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[certificate]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[corporation]]></category>
		<category><![CDATA[limited partnership]]></category>
		<category><![CDATA[living trust]]></category>
		<category><![CDATA[llc]]></category>
		<category><![CDATA[membership interests]]></category>
		<category><![CDATA[ownership]]></category>
		<category><![CDATA[partnership interests]]></category>
		<category><![CDATA[probate]]></category>
		<category><![CDATA[stock]]></category>
		<category><![CDATA[successor trustee]]></category>
		<category><![CDATA[trust]]></category>

		<guid isPermaLink="false">http://www.phillipsassetprotection.com/?p=1534</guid>
		<description><![CDATA[The question often arises as to whether the family company, a corporation, LLC, or limited partnership, should be owned by the parent’s living trust.  Owned by the trust probably isn’t a good way of phrasing the statement.  The company is owned by whoever owns the stock.  (In an LLC there are “membership [...]]]></description>
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