Asset Preservation
We know that you worked hard your entire life.
We agree that you deserve to enjoy the fruits of your labor and retain what you don’t use for the benefit of your loved ones. So why not do everything you can to protect and preserve your hard-earned assets?
Asset protection and preservation is a fundamental concept of a successful estate and elder law plan.
It utilizes a wide range of strategies and legal tools that work together for the purpose of reallocating and safeguarding your assets. Our Asset Preservation Lawyers will review your assets, risks, need and goals; and create legal "vehicles" (such as living wills, qualified income trusts, pooled trusts and more) that fit your circumstances.
Asset preservation techniques may also include some of the following considerations:
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Planning for loved ones with special needs
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Protecting assets for children, grandchildren and other minors
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Establishing a plan to Preserve assets and qualify for governmental benefits such as Medicaid
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Avoiding negative tax implications