Asset Preservation Attorneys Serving Ypsilanti, Michigan
Protecting the wealth that you have worked your whole life to build is of the utmost importance. Asset preservation is a critical component to ensuring you have a comprehensive estate plan. Asset preservation allows you to pass your assets in a way that effectively shields your wealth and ensures your beneficiaries receive a maximized inheritance. Any actions taken to limit tax liability requires the guidance of a skilled team of professionals. At Collis, Griffor & Hendra, we can help effectively guide you through every step of the asset preservation process. To learn more about your opportunities for asset preservation, you need a legal team you can count on. Contact Collis, Griffor & Hendra today to schedule a consultation.
Asset Structuring in Michigan
When planning for the future, it is important to consider the ways in which you can preserve your assets while maximizing inheritance for your beneficiaries. At Collis, Griffor & Hendra, we urge all of our clients to consider asset preservation as they begin the estate planning process. Some of the many important factors that you should keep in mind when protecting your wealth include the following:
- Private placement insurance
- Foreign annuities
- Family limited partnerships
- Trusts that aim to preserve assets
Asset Protection Plans
Minimizing your financial exposure is essential if you have a wide range of assets. To best protect your estate, you should have an asset protection plan in place before any unexpected situations may arise to threaten your wealth. There are a number of different things that must be taken into consideration as you work with a skilled attorney on your asset protection plan. Some of these include your professional status, family status, asset holdings, insurance coverage, charitable giving, and the estate laws in Michigan. At Collis, Griffor & Hendra, we understand that protecting your wealth is critical, especially knowing how unpredictable life can be. Some of the instances that may benefit from having an asset protection plan in place may include divorces, debt claims, lawsuits, and failed business ventures.
Contact a Washtenaw County Asset Preservation Attorney
If you have a complex portfolio of assets, it is important that you consider ways to protect it. The skilled legal team at Collis, Griffor & Hendra has what it takes to help you feel confident knowing your assets are protected from any outside threats that may arise in the future. Contact our office today to learn how we can assist you every step of the way.