Wealth Preservation Lawyer
Wealth preservation is just that: it’s protecting the assets you’ve accrued over a lifetime from lawsuits, creditors or other entities who may want to stake a claim. By taking preemptive action to protect your assets, you decrease the risk of losing in the long run. The attorneys at KLG want you to be fully prepared, and creating an estate plan is only the first step.
For a fully protected estate, it’s imperative that you include a plan for wealth preservation. A good wealth preservation plan uses some, or all, of the following tools:
- Separation of assets
- Personal homestead
- House held in tenancy
- A personal umbrella policy
- Use of Limited Liability Companies, trusts and/or family limited partnerships
- Title not held in name of person likely to be sued
The attorneys with KLG Estate Planning Attorneys want your estate to have as much protection as possible. The best method for the best protection is to consult an experienced Massachusetts asset protection attorney. KLG can help identify the most effective methods for your particular family and business situation, securing protection to protect the people you care about most.
To take your first steps into asset protection, or to review an existing plan, call our offices today at 978.474.8670 to schedule your appointment.