It is a question we hear almost every day in our office: “I have worked so hard to save what I have, but I know how easy it is to lose it all. Is there anything we can do to make sure I never lose my life savings?” In the world we live in today there are many variables, but one constant: uncertainty. No matter how hard we try to predict the future, we never know what it may bring. While working hard and being wise with your money can build great wealth over time, the sad reality is that your wealth can be lost very quickly. Our asset protection trust lawyer will help to protect your wealth.
Lawsuits are something that can affect anybody, whether you are older, younger, wealthy or not. Don’t believe that is true? Look and see statistically how many people will be involved in an automobile accident during their lifetime. No matter how careful we are, accidents happen. And if it turns out to be your fault, your assets could also be at risk. Even if you think you are so careful that could never happen to you, ask yourself this; can you control whether your health fails at some point in life?
Long term health care costs can be staggering. As we age through life, the cost of health care becomes the biggest threat to our savings and assets. If you are ever in a position where your health dictates that you require skilled level care, the cost can be anywhere from $10,000.00 to $15,000.00 per month depending on the facility. For most of us, paying for that kind of care for even six months to a year can devastate your financial well-being.
THE LAW ALLOWS YOU TO PROTECT YOURSELF
Thankfully, there are easy ways to protect your assets to make sure that what you worked so hard to save is never lost to the fickle nature of our unknown future risks. Asset protection planning has evolved significantly since the days of “just put the house and bank accounts in our kid’s name and hope for the best.” At the Hill Group, our asset protection attorney focus on modern-day planning techniques that allow you the benefit of staying in total control of your assets while at the same time ensuring the safety and protection of those assets for your family.
TRUSTS; TODAY’S SOLUTION TO ASSET PROTECTION
When people hear the word “trust” they usually associate it with the super wealthy, or those with very complicated estates. People hear complicated sounding legal terms like “revocable” or “irrevocable” and typically assume it is nothing that would ever apply to help their family. Nothing could be further from the truth.
In reality, trusts are the most effective way to protect your assets, no matter how much wealth you enjoy, and they are not complicated to understand when explained appropriately. By including trusts in your estate plan, you can protect your assets for yourself during life, for your family after death, and even to help loved ones manage inherited wealth if you are not sure they could handle the job on their own.
The important thing to remember with an asset protection plan is that the entire planning process should be undertaken with the assumption that it may be scrutinized by future creditors. Guidance from the qualified and best asset protection attorney is the right course of action in this complex area to obtain the peace of mind you seek. To learn more about asset protection, stop by one of our workshops where Attorney Hill will teach you everything you want to know!
Asset protection planning involves proactive strategies to safeguard your wealth and assets from potential risks and legal liabilities. Experienced asset protection trust lawyer plays a vital role in devising personalized solutions, ensuring your assets remain shielded, even in unforeseen circumstances.
Protect your wealth with expert asset protection planning from The Hill Group, LLC. Our team, led by the best asset protection attorney, ensures your assets are safeguarded against potential risks, offering you peace of mind and financial security.
An asset protection trust lawyer plays a vital role in shielding your wealth from potential risks and legal vulnerabilities. The expertise of The Hill Group ensures strategic planning, safeguarding your assets for the future and providing you with peace of mind.
The Hill Group LLC has the best asset protection attorney that offers a shield for your wealth. Providing expert guidance, the team helps you navigate the legal complexities, ensuring your assets remain secure and your financial future safeguarded.
As a respected asset protection trust lawyer in Johnstown, Pennsylvania, I believe in safeguarding your wealth and assets. With my expert legal counsel, your financial security is my top priority, ensuring you have peace of mind and comprehensive protection for your assets.