You’ve worked hard to earn your wealth and secure your financial future and that of your loved ones. It is essential to plan ahead in order to be safe and to protect your current and future earnings and acquisitions.
A protection plan consists of turning your assets into “exempt assets”, which are protected from potential creditors’ claims. A variety of tools may be used to build the most solid protection plan: Irrevocable Trusts, LLC’s, Family Limited Partnerships, Declaration of Homestead, personal umbrella policies, and so on.
Unfortunately, while it’s not something we want to think about, the possibility of being sued is something we should all be keeping in mind as we accumulate assets, since the probability is higher than not. If you were to be hit with a lawsuit it would be too late to set up a plan.
The first step is establishing
– your short-term and long-term financial goals
– your estate planning goals
From there we will create a tailor-made plan that fits your personal situation.
We take the time to know you and fully understand your particular circumstances and your wishes. Give us a call or contact us online for a consultation.