Asset Protection & Wealth Preservation

Asset Protection and Wealth Preservation

What is Asset Protection in Estate Planning?

For individuals with larger estates, proper estate planning also allows for the minimization of estate tax liability and wealth preservation. This can be accomplished by an experienced and qualified estate planning attorney knowledgeable about the tools you will need.

Baker, Burton & Lundy’s Asset Protection and Wealth Preservation Process:

These are some of the vehicles Baker, Burton & Lundy uses in wealth preservation:

  • AB Trusts
  • Discounted gifting, sometimes using entities such as limited liability companies
  • Generation-Skipping Trusts (this refers to tax skipping rather than beneficial use skipping a generation)
  • Life Insurance Trusts
  • Grantor Trusts
  • Qualified Personal Residence Trusts (QPRTs)

Please see our Estate Planning page for more information about estate planning and our process. We hope you will keep us in mind as you plan for the future financial security of your family.

insightsOftentimes, wealth preservation for the next generation is best served by keeping it safe from divorce.

call Baker, Burton & Lundy

To learn more about how Baker, Burton & Lundy’s experienced attorneys can represent or advise you, please call (310) 376-9893 or fill out the form below.