Our firm can integrate your asset protection plan with your present estate
plan or work with you (or your attorney) to create a new estate plan.
- You need an up-to-date will (and/or living trust). Your estate won't
then pass by intestacy to unintended beneficiaries. Unfortunately, only
one in five Americans has a current will.
- Review your will and/or living trust annually. Your estate planning needs
will change as rapidly as your asset protection needs. An outdated will
can cause you even more legal problems than dying without a will.
- In addition to your will or living trust, you also need a durable power
of attorney (one for healthcare and one for your financial/legal affairs).
Appoint someone who can immediately represent you should you become incapacitated.
You also need a living will to indicate if you want your life artificially
- Employ a knowledgeable estate planner. You will need one if you have
a taxable or complex estate. A good estate planner can save you a fortune
in estate taxes. They can also show you many other ways to combine estate
planning with asset protection.
YES, YOU CAN LOSE EVERYTHING!
You may think that your wealth is safe and that you don't need protection.
But don't delude yourself and accept reality —
for every 60 minutes you spend making money, spend 60 seconds thinking
about how to protect it!