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1. 2451 S. Buffalo Drive, Suite 100 Phone: (888) 804-0024 Las Vegas, NV 89117 Fax: (702) 267-0100 Fewer assets are in your name so creditors are more likely to move on and not waste their time on you. This benefit is used in negotiating loan modifications, short sales or any other pre-litigation phase without lying about your assets. No legal action may be brought against any asset in the trust unless that action is brought within the greater of either (i) two years from the date of the transfer of the asset into the trust or (ii) six months from discovery (recording) of the transfer of the asset into the trust. So, once the assets have been transferred (and recorded) in the trust for two years, no action can be brought against them. Any other transfer (to your kids or a LLC, for example) will take four years to gain protection (and one year from discovery). Avoids Probate when you die. Minimizes risk of guardianship court in the event that you lose your mind. (a) Maintains control of family assets; (b) Consolidates fractional interests in family assets; (c) Increases family wealth; (d) Provides protection to family assets from claims of future creditors against family members; (e) Prevents the transfer of a family member’s interest in the Trust as a result of a failed marriage; (f) Provides flexibility in business planning not available through limited liability companies, corporations, or other business entities; (g) Promotes knowledge of and communication about family assets; and (h) Helps protect the Grantor(s) from unwise expenditures. Benefits of the Asset Protection Trust AssetProtection365.com Law Offices of Gary L. Fales & Associates trusts Asset Protection