Helpful Asset Protection Lawyers in San Diego, California
You have worked hard to build your estate and accumulate assets. At Weissler Law Group we realize the importance of your efforts and provide clients with effective tools for asset protection. It seems that predators are more and more frequently using the legal system to extort money from blameless families and businesses. Too often, people in dire financial straits look to victimize others to replenish their bank accounts. Personal injury claims always go up when times are hard. During tough times too many ordinary business disagreements escalate and become business threatening lawsuits. In these hard economic times, asset protection has added importance.
Protection Against Catastrophes, Business Failures and the Unexpected
Many people set up a business entity to insulate them from liability but fail to make sure it is managed properly, which leaves their non-business assets at risk. Professional practices often thoughtlessly leave receivables vulnerable to future claims within the practice. Substantial investment account owners often ignore how discoverable and tempting their assets are to financial predators and frauds. We will closely examine your financial picture, identifying sources of liability and crafting a plan to safeguard your assets. We can also examine and modify your estate plan to protect your assets, after your passing, from your children's possible excesses or divorces. We focus on all three levels of asset protection which include:
- Asset & risk insulation
- Domestic asset protection
- Offshore asset protection
Protecting your assets may require putting certain assets into entities to give you the highest likelihood of maintaining control in the face of possible claims against you. You have worked hard to earn your assets and owe it to yourself to work with an experienced attorney to safeguard them. Contact us today to discuss your situation with an experienced attorney.
Protecting Your Assets With Effective Nursing Home Planning
We utilize a number of tools to minimize the amount of assets you must expend when a family member requires nursing home or in-home medical care, while still ensuring your relative receives all needed care. These tools include:
- Guided permissible transfers
- Specialized trusts
- Care contracts
- MediCal-Medicaid Grats
- Intrafamily qualified annuity agreements
- Intrafamily promissory note sale transaction contracts
- Special needs and supplemental needs trusts
New rules make it critical that planning begin as soon as possible. The earlier planning begins the more assets can be preserved to raise an ill spouse's care to a higher level, to protect a well spouse and to preserve a parent's financial legacy. We focus on minimizing the financial hardships that a healthy spouse or family suffers when an ill spouse needs care. Nursing home planning can allow for assets to be preserved which would otherwise need to be used to pay nursing home costs.
Contact us today to discuss your situation with an experienced attorney.
Weissler Law Group
2635 Camino Del Rio South
Suite 301
San Diego, CA 92108
Telephone: 619-281-1888 | Fax: 619-281-3888
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