Comments on: To Stretch and Protect: The Goal of a Retirement Trust http://blog.deplawfirm.com/2011/08/17/to-stretch-and-protect-the-goal-of-a-retirement-trust/ Personal and Professional Commentary with a focus on Estate Planning, Probate, and Corporate Law in Massachusetts Tue, 05 Mar 2013 16:48:54 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Should I Use a Trust for My Retirement Accounts? » Musings of a Massachusetts Estate Lawyer http://blog.deplawfirm.com/2011/08/17/to-stretch-and-protect-the-goal-of-a-retirement-trust/#comment-225372 Should I Use a Trust for My Retirement Accounts? » Musings of a Massachusetts Estate Lawyer Tue, 05 Mar 2013 16:48:54 +0000 http://blog.deplawfirm.com/?p=151#comment-225372 [...] Fortunately, they can also have it both ways (guaranteed tax deferral and asset protection), but that’s covered more in another post. [...]

]]> By: Scott R. Zucker, Esq. http://blog.deplawfirm.com/2011/08/17/to-stretch-and-protect-the-goal-of-a-retirement-trust/#comment-188 Scott R. Zucker, Esq. Tue, 23 Aug 2011 22:16:46 +0000 http://blog.deplawfirm.com/?p=151#comment-188 This is an excellent post. One reason revocable trusts have become more and more popular is because, if properly drafted, they give the eventual beneficiaries an extra layer of protection against creditors.

A strong benefit of Retirement Trusts is that they are similarly used to protect retirement plan assets from beneficiaries’ creditors. They are necessary since retirement plan assets generally cannot be held in a revocable trust.

Mr. Peterson shows here that he “keeps current”, as this instrument is not very well-known, even by many attorneys (and no, I have never met or spoken to Mr. Peterson personally). Nice job!

Take care,
Scott

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