ASSET PROTECTION PLANNING

All too often individuals focus on estate building, and fail to take the necessary steps to preserve and protect the wealth they have accumulated.

The 4 main ways that wealth is lost are: creditor claims, income and estate taxes, living probate, and death probate.

Thankfully, there are many tools available to protect your wealth from these scenarios including insurance, limited liability companies, corporations, utilizing exempt assets, trusts, property agreements, family limited partnerships, offshore planning, and domestic asset protection trusts.

Effective use of these techniques will result in reduced administrative fees and costs and taxes, while also providing multiple layers of defense and allowing opportunities for early settlement.