Estate Planning & Asset Protection

Every person needs a will and a living trust. A living trust avoids probate and extensive legal fees. A will transfers a person’s assets in the way he or she desires, not the way the state prescribes.

Asset protection planning is essential in today’s litigation-ridden society. Asset protection planning relies on the careful use of limited liability companies and trusts to place a barrier between a person’s assets and those who would seize them. Asset protection is essential for everyone. It is never too early or too late to start the process. Personal residences, second homes, luxury automobiles, private company shares, and retirement assets are all valuable assets worth protecting. Some individuals seek out foreign trusts as an extra strong asset protection device. Marital agreements are also very helpful in certain cases.

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