Asset Protection and Family Wealth Preservation
Estate planning and asset protection apply to almost everyone, regardless of age. For many of us, estate planning is something we realize we should do, but time pressures, as well as issues confronting our own mortality, make many of us reluctant to deal with these matters.
In essence, estate planning is about managing and protecting your assets during your lifetime, controlling their distribution at the time of your death, and leaving a legacy for your family. Additionally, effective planning can reduce estate taxes, which will benefit you and your family financially.
Working with an experienced attorney to develop an effective estate planning strategy, including mechanisms that can be implemented to ensure that assets are properly protected, will allow you to transfer wealth to future generations and minimize tax consequences.