Protect Your Assets
Asset protection is a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities.
Depending on your situation and the type of asset protection desired, Soto Law Group can customize a plan with various levels that are unique to the individuals, business entities and assets involved. Once we have a comprehensive understanding of your goals and objectives, we can assist in determining the appropriate level of asset protection planning for your circumstance. We will consider various types of insurance, prenuptial agreements, postnuptial agreements, asset segregation, gifting, LLCs, partnerships, corporations, choice of jurisdiction and asset protection trusts. Customized combinations are layered depending on the needs of the client and can never be done with concealment or tax evasion.
To find out which strategies may be right for you, contact us for a Family Wealth Planning Session. There are many different strategies to accomplish the protection of your assets while you are alive and after you are gone.
I have had two trust agreements done in the past by attorneys who just followed a template and did not address the specific needs that I wanted to be addressed with my family. In addition, the prior two trust were not properly funded. DeDe takes the time to listen to your situation and evaluates the complexities of your assets. She will give you various options on how to handle assets being left to children, charities, etc. Most importantly, she develops a complete lists of assets and accounts that need to be transferred into the trust and diligently follows up with you to make sure you have done the work to get your accounts properly transferred. In addition, DeDe has helped me with several other complex estate issues that arose due to the fact that my husband and I did not have a trust or will in place prior to his untimely passing. She was able to help me get financial institutions to transfer assets that were just in his name to myself and my children as needed. Also, after DeDe has completed your trust and/or will you can have any changes made easily.
We want to thank you so much for the extra time you took for not only the overview of our past trust but also the in-depth explanation of things we were not sure of. We are very pleased with the professional way everything was handled. integrity showed on every change and new addition. We appreciate everything you did to help make this as uncomplicated as possible. If we hear of anyone needing a Trust or Will, you will be highly recommended. Thank you sincerely..
DeDe Soto helped us create a family trust. She thoroughly explained all of the options and the advantages and disadvantages of each option. Once we decided which option, DeDe and her team walked us through the entire process, giving us checklists to ensure that we covered all bases. They were all readily available to answer questions and provide additional information. Our meetings were informative, on point and adhered to the appointed time and duration. I highly recommend the Soto Law Firm for your estate planning needs