If you are looking for a way to protect your assets against risks, market fluctuation, and other threats, asset protection is an absolute necessity. There are numerous strategies to safeguard your current assets. This shield of protection will ward off attempts to access your money. In some instances, creditors, the government, and other institutions are the top threat. In other cases, it is individuals like family members and identity thieves who are looking to access what you have worked so hard to amass. Take advantage of asset protection strategies and you will be able to use your hard-earned money exactly as you desire. Below, we take a look at some of the best asset protection strategies available for individuals like yourself.
This term is a reference to decreasing an individual’s equity in a business. Decreasing the amount of equity one owns in a business heightens the odds of the assets not being involved in a lawsuit. Take advantage of equity stripping as an asset protection strategy and you can still make use of the cash flow created by your assets.
Selecting what to do with funds in your qualified retirement plan once you retire is easier said than done, and when presented with a choice, identifying the proper option may set you up with an effective asset protection strategy. While making sure you never run out of money in retirement is our primary focal point, our asset protection specialists will review your unique situation on a more in-depth level and provide solutions custom-tailored to your financial goals.
Trusts are not just for the wealthy! A properly structured trust may go a long way toward preserving your assets by creating additional layers of asset protection. Be sure to have a professional set-up the trust in the proper manner and you will rest easy knowing your money is well protected.
Asset management groups invest money in a manner that safeguards it from legal attacks. For example, private placement life insurance can protect money from creditors, litigants, and others who have their sights set on the money you have worked your entire life to accumulate. This strategy uses life insurance to shield assets against litigation and all sorts of other threats. It even provides tax advantages as well.
Contact us today to schedule a free consultation. We will tell you more about how TZG Financial can help preserve your wealth, as well as your income in retirement. This is the professional assistance you deserve to ensure your money works for you and that you are able to continue the standard of living you’ve become accustomed to enjoy a high quality of life and obtain a priceless peace of mind.