Estate planning is asset protection planning – preserving your wealth so it may be transferred to those to whom you wish to receive it. Tax planning is an essential part of asset protection planning. In addition, there are certain assets and circumstances that require more focused protection than others.
Whether you are in an environmentally sensitive business, a farming enterprise, a professional practice with inherent malpractice risk, a highly debt-leveraged venture, or a business with significant exposure to third party claims, such as rental real estate, retail sales, or manufacturing, cordoning off risks into separate and distinct entities, and protecting your assets that are not involved in the risky enterprises, is essential. We will provide you with the business, trust and other planning tools to reduce your and your family’s exposure to these risks.