Our approach is to integrate asset protection into your estate plan in a tax efficient manner
regardless of your net worth
Asset Protection planning safeguards an individual's assets and affairs from loss or dissipation. The protection and preservation of your estate during your life is just as important as after your death.
A number of factors have contributed to the growing interest in asset protection, including:
- Expanding theories of legal liability
- Threat of litigation
- Result-oriented judges and juries
- The unavailability of affordable and adequate insurance coverage
- Continuing national increase in the volume of litigation
Financial uncertainties haved moved many successful people to adopt strategies to safeguard their wealth and property. Factors such economic and social conditions, being a property owner or an entrepreneur, and the shaky job market can reek havoc on your financial situation. Asset protection planning, however, can guard your assets and property until you've weathered the storm.
Trusts for Asset Protection
Asset Protection planning safeguards an individual's assets and affairs from loss or dissipation. The protection and preservation of your estate during your life is just as important as after your death.
One of the most important tools in Asset Protection are Irrevocable Trusts. By strategically placing your assets in these types of trusts, you can safeguard them from creditors, lawsuits, and potential tax liabilities. This can ensure that your assets are preserved for your intended beneficiaries, while minimizing the impact of unforeseen financial challenges.
Anthony Rinaldi & Company, LLC is a Cleveland-based law firm that practices primarily in the areas of estate planning, tax, asset protection, business planning, and succession.
Disclaimer: This website provides general information about Anthony Rinaldi and Company, LLC for the convenience of visitors to the website. The site and the content within it are not intended to establish and their use does not establish an attorney-client relationship between Anthony Rinaldi and Company, LLC and any visitor. Information on the site is not legal advice. Do not send confidential information to any of our lawyers without first obtaining specific authorization. Statements on this website of prior results do not guarantee a similar outcome.