Asset Protection Planning

At The Legal Professionals we say “YOU HAVE ASSETS.  WE PROTECT THEM” for a reason:  We strongly believe that if you have things that are important to you, it makes sense to protect them.  That’s what we do.

Frequently clients come to our office and say “We want to make a simple will.”  Our response is “You are the smartest people in the room at this moment because you are thinking about what will happen on the day you die.  But have you thought about all the bumps in the road in the meantime – disability (incapacity), nursing home, state and federal death taxes? And are you aware that the ‘simple will’ you want is often times just a key to the courthouse for the lawyer and that your estate may have to be probated, all of which takes a lot of time, involves costs that you can’t control, and oh, by the way, leaves all your information open to the public?  Is that what you want?”  The clients always answer with a resounding “NO!”

Then we talk about the right way to do estate planning.

Why is Estate Planning Like Getting Gas?

When your gas tank gets low you should fill it up. Why? So you don't run out of gas.

When you spend a lifetime acquiring assets, you should plan your estate. Why?  So you don't run out of time.

Ending up on the side of the road out of gas can be a hassle.  Failing to properly plan your estate can leave your loved ones in the lurch and cost you large sums of money for lawyer fees and death taxes.

You get gas when you need it, before you run out.  Plan your estate now, before you run out of time.