Asset Protection Planning

Nobody expects to be sued. Just ask the 20 million people involved in lawsuits last year.

Divorce, inheritance, health issues, creditors, employees, theft, changing markets, malpractice suits, sexual harassment claims, natural disasters, and disgruntled business partners are just a few issues that can result in devastating lawsuits for unprepared business owners. The highest level of risk falls on those who think they're immune.

Americans are more concerned than ever about protecting their assets from creditor claims, taxes, divorce, and other disasters, and understandably so.

The more success you have (especially in business, professional practice, or real estate activities), the more at risk you are as others see your success grow.

Here’s some of the “risky behavior” you may be engaging in right now:

Will you be signing loan documents, a personal guaranty, or a lease? Do you have rental properties or employees? Are you an attorney or physician? Do you work in construction or perform professional services? Are you getting married and have children from a prior marriage or separate property assets you're bringing into the marriage?

We want to see you do more of these activities! They're the spice of life. However, we don’t want that spice to expose you to unnecessary risk or impact your life negatively.

That’s where we come in. We can set up your business and life structures to ensure that you can take maximum risk with minimum worry.

We assist our clients in determining the appropriate level of asset protection planning for their particular circumstances. We'll consider insurance, prenuptial agreements, asset segregation, choice of jurisdiction, gifting, LLCs, partnerships, corporations, and asset protection trusts. Customized combinations are layered depending on the needs of the client and as appropriate.

There are many different strategies to accomplish the protection of your assets while you're alive and after you're gone. To find out which strategies may be right for you, contact us for a Family Wealth Planning Session.

 

Contact Us

Kristy Goldman
4300 N. Quinlan Park Road #210
Austin, TX 78732
512.649.5341