We believe that all areas of your financial plan should work together in a closely coordinated manner that focuses on achieving your specific goals. We provide a full range of services including, Asset Protection, Income Tax Reduction, Estate Planning, Charitable Giving and My Wealth Plan 360º.
You’ve worked hard for what you own, and you want to keep it. Unfortunately, malpractice, lawsuits, and other liabilities can quickly devastate assets that you’ve spent a lifetime building. A comprehensive asset protection plan uses multiple legal techniques to deter would-be creditors from taking your assets. If you are a physician or surgeon, asset protection planning is especially important. A 2011 study by the New England Journal of Medicine showed that 99% of physicians in a high-risk specialty will have had at least one malpractice claim by the age of 65. If you own a business or rental properties, having the proper legal entities and LLC’s in place can protect your personal assets from any claims against the business or property. In addition, the assets owned by an LLC are protected from the personal liability of any of the members. The overarching goal of any asset protection plan is to make your assets as difficult as possible to get in a liability claim. At Wealth Planning Network, we utilize a variety of tools including LLC’s, family limited partnerships, holding corporations, management corporations, and irrevocable trusts to protect the assets our clients have worked hard to accumulate.
Estate Planning Documents: How important are they?
Planning for a 30-Year Retirement
Trust Owned Life Insurance- How to Effectively Use Insurance For Estate Planning
What are Charitable Remainder Trusts?
Have You Considered Buying Life Insurance?
Selling the Family Business?
Protecting Your Most Valuable Asset Using Disability Insurance
Concerned About Market Volatility?
Do I Need a Large Estate to Have an Estate Plan?
Using Trusts for Estate Planning
Estate Planning for Foreign Nationals
September is Life Insurance Awareness Month!
Market Volatility- What You Need To Know
Is Your Portfolio Too Risky?
Business Succession Planning: What You Need To Know
The Importance of Multidisciplinary Wealth Management
Considering a Spousal Limited Access Trust?
What is Premium Financing and How Can it Benefit You?
The Problem With Probate
The Real Story Behind 770 Accounts
President’s Proposed 2016 Budget Could Substantially Affect Estate Planning
Who Needs Estate Planning?
Have You Completed Your Annual Financial Checkup?