Planning a trust fund to protect your money?
Youโve been successful in your career, and you want to protect the money youโve earned for yourself and for future generations. As the number of divorces, lawsuits, and bankruptcies increase, the risks posed by each threaten to take your hard-earned assets. You need professional asset protection, and that often includes creating a trust. Working with an experienced trust and asset protection lawyer is the first step to building a trust to protect your money. Under the broad field of trusts and asset protection, we handle:
- Trust planning
- Estate planning
- Creditor laws
- Wills & estate planning
Asset protection planning involves managing your risks and the risks of your loved ones while remaining in control of your assets. Frequently the liabilities of children and spouses pose the most significant threat, as the childโs ex-spouse or adult childโs creditor can make a claim for the funds such as joint accounts between a parent and child. Asset protection planning also provides professionals, whose personal assets are at risk due to the nature of their work, control over the income generated by his or her interest in the business. By planning for life, we incorporate tax planning, government benefits, creditor law and business law into asset protection planning, which will assist in the future when administering the estate. Contact us today for a free consultation.