Asset Protection Attorney In New York
Protect Yourself From Potential Creditors
Revocable living trusts offered by Auerbach Law Group, P.C. can effectively safeguard your heirs from incurring additional taxes while also circumventing the complexities and significant expenditures associated with probate court. These trusts provide a means to streamline the distribution of your assets upon your passing. However, it is crucial to ensure you have comprehensive asset protection in place; otherwise, you remain vulnerable to potential claims from creditors, which could jeopardize the inheritance intended for your loved ones.
Whether it's establishing a limited liability company (LLC) that offers protection from liabilities associated with your rental properties, or setting up an offshore trust that secures your liquid assets and investments from possible creditor access, our seasoned attorneys in asset protection are here to provide you with guidance tailored to your unique situation. Located in New York, our dedicated estate planning law firm is ready to serve your needs with professionalism, ensuring that you and your family can feel secure in your financial future.
Call Auerbach Law Group, P.C. at 914-996-6624 to schedule a consultation with a lawyer today.
What Does the Asset Protection Process Involve?
First, the team at Auerbach Law Group, P.C. will sit down with you to better understand your risk tolerance. There is no right or wrong answer - our aim is to ensure you are comfortable with the level of asset protection you opt for. Next, we'll explore various asset protection strategies to educate you on their pros and cons. Once you've selected a plan, we'll initiate the process to provide you with the necessary protection at a price that fits your budget.
The intricacies of asset protection law make it absolutely crucial to consult with an adept estate lawyer at Auerbach Law Group, P.C. to prevent any potential legal or tax issues. Don't gamble with going it alone. Book an appointment with our proficient legal team today in New York.
What Benefits Does Asset Protection Provide?
Your real estate properties, business interests, and financial accounts are vitally important to you. Owning these outright or transferring them into a revocable living trust may not shield them from your creditors. When you move your assets into a correctly structured LLC, irrevocable trust, offshore trust, or partnership, it's akin to placing an impenetrable barrier around your assets.
At Auerbach Law Group, P.C., our seasoned estate planning attorneys can assist you in maintaining control, access, and full use of those assets without putting them in danger of seizure by your creditors. Moreover, proper asset protection can also aid in minimizing both estate and income taxes. Connect with the accomplished attorneys at Auerbach Law Group, P.C. in New York today.
Have Questions?
Call Auerbach Law Group, P.C. at 914-996-6624 today to speak to an attorney.