Many estate plans can be drafted to provide the client's loved ones with asset protection after they are gone. Many clients wish to leave their assets to their spouse or children while protecting them from creditors, lawsuits, or divorces. There are many reasons to consider asset protection, including the beneficiaries' age, inexperience, high-risk profession, marital status, or the large value of the estate. Without deliberately designing a plan including asset protection, the beneficiaries may be vulnerable to loss, fraud, or other unforeseen circumstances.
If your loved ones could benefit from asset protection, please contact us to schedule a initial conference.