Life is full of risk. It can arise from mundane activities such as driving a car and cutting the grass, to owning a swimming pool or a pet. It is also a characteristic of many professions, not just the healing arts. Owning a business, acting as a director or officer of a company, providing financial guidance, investing in real estate or construction projects, driving a truck or operating heavy machinery, all provide third parties with opportunities to sue. Even amorous relationships, hobbies and avocational pursuits, especially fast ones, like cars, boats, airplanes and other toys, can expose your assets to risk.
However, you can take action to shield your wealth from outside risks by proactively implementing an asset protection plan. Since this type of planning should ideally be in effect before there is a known exposure or lawsuit against you, it is important to take action sooner rather than later. Also, it does take some time to design, construct and implement a strategy that will withstand aggressive efforts to reach your wealth.
To get the best results, an asset protection plan should be tailored to your specific needs. The attorneys at Buckley Fine understand the nuances and have the experience to address your wealth protection goals.
Our attorneys will carefully assess your activities, the variety and classification of your assets, and the circumstances driving you to consider enhanced estate planning and wealth protection. We will clearly and succinctly describe the options available, including the protective strengths and weaknesses of each. Also, since we have experience with dometic and international multi-jurisictional planning, we can choose the best jurisdiction to suit your wealth protection needs.