Asset protection meaning: is a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities from civil money judgments.
Depending upon your specific situation, our estate planning attorneys will help develop the best asset protection strategy for your situation. When it comes to protecting your assets you want to be sure to find the best estate planning attorney in your area. Properly protecting your assets and ensuring you have a solid estate plan in place isn’t something one should consider a luxury. Creating an estate doesn’t just protect your assets; it creates peace of mind that you and your loved ones are protected
Wealth preservation meaning: involving managing your assets in such a way to ensure that the value of your assets does not decrease or erode. With wealth preservation objectives, the notion of maintaining existing wealth is more important than making more money.
How can we preserve wealth?
Wealth preservation strategies are also a critical element to your estate planning needs. While there are some basic wealth preservation strategies that can apply to most people, this is something our estate planning attorneys in both Chesterfield and St. Louis will work out specifically depending upon your circumstances.
At Mid-America Law, LLC we take your asset protection and wealth preservation seriously. We know firsthand how detrimental not having the proper estate plan in place for your needs can be for you and your family.
We understand you need an estate planning attorney you can trust and have open lines of communication with; someone who not only understands estate planning law, but also comprehends the importance of a strong attorney-client relationship. Due to this, we want to make sure you are comfortable and know all your needs will be met.
Have questions about asset protection or wealth management? Contact us today for your free consultation.