Estate Planning Basics

Inheritance and Estate Planning

Inheritance and estate planning are too easy to postpone.  Even though life is fragile, we tend to think we will live forever.  You can probably come up with a number of reasons to postpone your estate planning.  I don’t want to hear them. Your parents can probably come up with […]

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How to Choose an Executor or Trustee

How to choose an executor or trustee requires some thought and analysis.  An executor is the person or company that handles your estate after you die.  Whether your estate is held in a trust or is passed by your will, you need an executor or trustee to take care of […]

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How to Put Property in a Trust, or Funding a Trust

“How do I put property into a trust?” is a question I often get after someone forms a living revocable trust.  This is an important question.  Putting property into a trust is also known as funding the trust.  Funding a trust is the engine that runs a trust.  Until the […]

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Trust and Estate Planning Contingencies

Trust and estate planning is an area where it is imperative to consider all the angles. If you do not take into account every contingency there could be problems. Often people make assumptions that don’t work out. A gentleman just left my office here at LegaLees with a trust and […]

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Intellectual Property Rights and Estate Planning

Intellectual property rights consist of legal rights you can claim on your creations. In other words, under the law if you invent or create something new, you can have the right to take credit for and profit from your invention. Once they are registered, others cannot use these creations for […]

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Everyone Needs a Will

Everyone needs a will, but it is important to understand what type of will to use and why to use it. I am a proponent of trusts. In my mind it is a good idea for everyone to have a living trust. The advantage of a trust over a will […]

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House Title– How to Hold for Better Protection

How to hold your house title for house protection from lawsuits makes a difference. I often have asset protection fanatics tell me that they have put their house title in a corporation or Limited Liability Company (LLC) for house protection. This is a big mistake. Not only are they are […]

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Estate Planning Basics

Estate planning basics require time and energy, but being proactive is so important. This is more of a personal blog. Over the years, I have spoken to well over a million people, and many of my “seminar friends” know my story. I have spent many months of my life in […]

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Quick Claim Deed or Quit Claim Deed?

Quick Claim Deed, or Quit Claim Deed, which one is it and how does it work? The term is not quick claim deed, but rather quit claim deed. When you use a “quit” claim deed you are “quitting” or leaving any interest you have in the deed. Quit claim deeds […]

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Estate Planning Mistakes to Avoid

Estate planning mistakes are something I see all too often in my job as an attorney. It seems like weekly I have a client come into my office with an “estate plan” that is going to solve all of his problems. Usually it is, NOT SO!! Most recently a gentleman […]

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Boot Camps

Follow Lee as he travels around the nation educating various groups on estate planning and asset protection. Lee has traveled to almost every state in the nation and is considered as one of top estate and asset protection attorneys in North America.

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Testimonials

We wish everyone in America had the means to obtain the knowledge that Attorney Lee Phillips is attempting to impart in the Accumulation and Preservation of Wealth course. We are thankful that there is a legal system that is designed to protect people’s assets, no matter how little or how much.
~ Ed, Dallas Texas

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