Did you know that if you haven’t created your own estate plan, the IRS and the state will default to the plan they have created for you?

That can be a scary thought, let alone a scary reality.

Intentional and thoughtful planning is the only way to ensure that your inheritance will be passed on, after your death, as you best see fit. Allow your assets to end up where you want them to end up, rather than where the state would like them to end up. Be proactive with Asset Protection Planning.

What is Asset Protection Planning?

Asset protection planning is proactive, legal consideration and action that protects your assets from third party creditors, such as, lawsuits, divorce, and judgements.

Who is Asset Protection Planning For?

Asset Protection Planning is important for individuals who are most likely to get sued for one reason or another. For example, physicians are often cautioned to plan for protection. We recognize that life throws unexpected turns to everyone, however, so for this reason, Asset Protection Planning is suitable for most anyone with assets worthy of being protected.

Digital Assets

Digital assets are becoming increasingly common. If you are the keeper of potentially valuable digital assets, we recommend the Kiplinger article, Protect Digital Assets After Your Death.

Seek Professional Guidance

As is true of most trusts, asset protection trusts are complicated and particular. We always recommend meeting with a professional, whose focus is Estate Planning.

A little bit of planning now will go a long way for you and your loved ones later.

Call Morton Elder Law at 866-925-9797 today!

~ Ronald Morton