Tucson Asset Protection Attorney

Helping Clients Get the Security They Need for the Future

When most individuals create an estate plan, they think about passing on an inheritance to their loved ones. However, another equally vital matter is setting up asset protection planning documents that protect your property, including offshore trusts, investments, businesses, and other assets.

You have worked too hard to build up a legacy of wealth to let it slip away to debts, creditors, and tax collectors. Our legal team has the strategies and techniques necessary to preserve your family assets and pass them on to beneficiaries in the most suitable way. Call us at 520-355-1161 to schedule a free consultation with our knowledgeable asset protection planning team.

How Can Proper Estate Planning Protect My Assets?

Estate planning affects your family not only after your death but can also impact your wealth while you’re still alive. Documents like living trusts can allow you to manage your property while protecting those assets from potential creditors or debtors. Since the assets are held by the trust, creditors and tax collectors, don’t treat them as your property.

With the help of knowledgeable estate planning attorneys, you can craft the best plan for your unique needs. Asset protection is especially effective for unique assets such as real estate, businesses, and so on. Moreover, when you protect your funds, you give yourself access to the money you need for unexpected expenses like long-term care. Call our law firm to learn how we can help maximize your asset protection.

What Documents Offer the Most Financial Security?

Some examples of powerful estate planning documents we use for our clients include:

• Living trusts – In a living trust, the asset ownership is transferred to the trust, which the grantor can manage in some cases. These trusts help beneficiaries avoid probate and enjoy a great deal of asset protection
• Irrevocable trusts – An irrevocable trust offers great asset protection, but the terms cannot be changed after it is created in most circumstances. Consult with a lawyer before creating an irrevocable trust
• Power of attorney – When you use power of attorney, you transfer decision-making power to another individual, allowing someone else to manage your important affairs

Should You Hire Our Tucson Asset Protection Attorney?

Any estate planning decision can be complex and should be personal to your unique situation. Please get in touch with our legal team right away to learn more about some valuable strategies that can help you avoid taxation and predation from creditors.

When you have worked so hard to accumulate wealth, you deserve powerful legal allies to protect those assets. Our law firm is ready to assess your situation and find solutions that meet your needs and goals.

At Doug Newborn Law Firm, PLLC, we listen carefully to our clients so we can provide the type of service each person needs. Call us right away to schedule your free consultation! Dial 520-355-1161 to contact our caring, capable legal team.