Asset Protection Planning
Unfortunately, we live in a world that’s sometimes dishonest. You may have worked hard to earn and save your money, but that doesn’t mean that others will do the same. In fact, it’s actually more likely that you will be sued this year than you are to die. And we’ve all heard the statistics about divorce rates.
It can be very challenging and expensive to do effective asset protection planning for oneself with one’s own assets. One of the least expensive and most effective methods of asset protection doesn’t involve your assets, but the assets of the people you love. A commonly overlooked opportunity in estate planning is to leave your heirs’ inheritance in a manner that is totally protected from their creditors, yet still in their control and for their benefit. We call these trusts “Lifetime Asset Protection Trusts.”
And the opportunity isn’t just for what you pass on – it’s also available for what you may receive. We have helped clients set up Inheritor’s Trusts, which serve as empty vessels ready to receive their inheritances. The Inheritor’s Trust is prepared to our clients’ specifications in a manner that keeps its assets a protected nest egg for life. In that way, all that our clients’ parents, grandparents or other loved ones need to do is change their will or living trust to designate the Inheritor’s Trust as the beneficiary of their estate.
You don’t have to be a Fortune 500 CEO to benefit from asset protection planning, and we can help protect your inheritance and your heirs’ inheritance from frivolous and money-draining lawsuits. Just one more way we’re looking out for you and the people who mean the most.
To schedule a consultation, please contact us.
Testimonials
"I was referred to Thea by my financial advisor and found her to be very approachable, personable, and sensitive to my goals and concerns. Thea's attention to detail instilled confidence and great comfort of protection. Her inclusion of my financial advisors and accountant in my planning made me feel confident that my assets would be well-protected.
Now my team is aware of the big picture of my estate and goals of preserving wealth, charitable giving, and financial security for my family. I am so happy I met Thea and appreciate all she does!"
—Katie C., Palo Alto