A lifetime’s accumulated assets can be quickly drained to pay taxes, nursing home expenses, or creditors. However, if you are properly prepared, these resources can instead be passed on to leave a legacy. Asset protection strategies can help achieve this result. Asset protection is one of many goals of a comprehensive estate plan. The main costs asset protection strategies are focused on avoiding are probate, taxes, long-term care, and finally creditors.
A carefully drafted trust is a primary tool to achieve this protection. Koonce Law, LLC, is focused on providing a comprehensive estate plan for our clients, including asset protection. We work in tandem with your financial advisor to build a plan that achieves your goals.
Contact Us today to discuss how we can help you.