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Asset Protection Planning

Posted by attorney Terri Hilliard Olson

Home Wealth Preservation

Wealth Preservation

Preserving the wealth you have accumulated during your lifetime is a matter of protecting your assets. But, even after death, your estate can grow to benefit those you love.

Wealth preservation can be severely impacted by any number of factors, such as lawsuits, estate contests, taxes, divorce, and mismanagement of your estate. Loss of control of your estate and its assets can be avoided by proper trust administration and by structuring specific entities and provisions in your estate plan that lower your risks and preserve your wealth.

Terri Hilliard, PC can work with you and strategize an estate plan that can protect you now, minimize or eliminate probate later, and ensure your plans for your beneficiaries are carried out as you desire. In addition to the financial considerations, you can also take steps to help protect your privacy and eliminate challenges in contests of your estate.

Among other means, various trusts can be set up within your estate plan that can preserve your wealth, even after you are gone. Wealth management using a professional trust administrator can also build your estate for generations to come. Moreover, income to the estate generated from the sales of property, life insurance distribution, and retirement accounts can be protected for your heirs and other beneficiaries you name.

Contact Terri Hilliard, PC to build an estate plan that will build and preserve your wealth.

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