At Hunter Sargent, PLLC, we’re very excited to announce our new service to clients with significant assets: our Wealth Protection Legacy Plan! Our Wealth Protection plan connects you with our vast experience with high-net-worth clients and our most closely trusted advisors including CPAs, insurance specialists, and financial advisors. Every Wealth Protection plan will be different depending on your needs and goals, but each plan will help you maximize growth, control, and distribution of your assets.
Our Wealth Protection plan focuses on asset protection. Asset protection planning is the process of organizing your assets in a way that helps protect them from potential creditors, lawsuits, and other threats. It’s a crucial step for anyone with significant assets, as it can help you maintain control over your hard-earned wealth and provide peace of mind for you and your loved ones.
There are several strategies that can be used in asset protection planning, and the right strategy will depend on your specific circumstances and goals. Some common strategies include:
For example, a trust is a legal entity that holds assets for the benefit of a third party (the beneficiary). There are several different types of trusts, including revocable trusts, irrevocable trusts, and charitable trusts. Trusts can be an effective way to protect your assets because they allow you to separate ownership and control of your assets. This means that you can grow and retain control over your assets during your lifetime, but the assets will be protected from creditors and lawsuits after your passing.
LLCs, FLPs, and corporations are also commonly used for asset protection. These structures allow you to separate your personal assets from your business assets, which can help protect your personal assets from potential creditors and lawsuits.
Asset protection planning is a complex process, and it’s important to work with the experienced attorneys of Hunter Sargent, PLLC to ensure that your plan is effective and legally sound. By taking the time to carefully consider your risks and goals, and using a combination of the strategies outlined above, you can develop a plan that helps protect your wealth and provides peace of mind for you and your loved ones. Call Hunter Sargent, PLLC today to find out more about our Wealth Protection Legacy Plan.
The best time to plan your legacy was 10 years ago. The next best time is today. Everyone needs estate planning - the good news is it's never too early and if you're reading this, it's not too late.schedule a meeting
We'll prepare your will, trust, and business planning so you can rest easy knowing you've secured your legacy for generations to come. We have the wisdom and skill to plan legacies of all sizes.
While this website provides general information, it does not constitute legal advice. Any communication with Hunter Sargent, PLLC via e-mail or through this website does not constitute or create an attorney-client relationship and is not privileged or confidential.