What Estate Planners Need to Know about Asset Protection and Bankruptcy
The Estate Planning and Probate Section’s May 28 meeting will feature a presentation on What Estate Planners Need to Know about Asset Protection and Bankruptcy by Attorney R. John Cole, II. He will discuss the impact of the Bankruptcy Code on the estate planning process with particular consideration given to “Bankruptcy as an “Estate Planning Tool”; the impact of 11 U.S.C. sec.522(o), (p) & (q) on the use of homestead pay downs for asset protection; the impact of 11 U.S. C. sec 541 (a)(5) on pre-bankruptcy planning vis a vis the protection offered to spendthrift trusts in bankruptcy under 11 U.S. C. sec 541 (c)(2), and much more. Our exclusive sponsor is The Community Foundation of Sarasota. The luncheon will be held at Michael’s.