If you are establishing a small business, you should carefully consider the business structure that you utilize. Asset protection should certainly be part of the equation, because you can lose a great deal of personal property if you do not take the right legal steps. In this blog post, we will look at two business structures that are often used by people that have asset protection concerns.Limited Liability CompaniesOne of these asset protection structures is the limited liability company. … [Read more...] about A Look at Two Asset Protection Structures
The Smithtown asset protection planning lawyers here at our firm address different types of asset protection objectives. Asset protection can be important for business people, and there are individuals that have these concerns as well. Let’s look at some of the different asset protection vehicles that are available to members of the business community and individual citizens.Family Limited PartnershipsA family limited partnership can be the ideal asset protection structure for some … [Read more...] about A Look at Smithtown Asset Protection Planning
Long Island asset protection attorneys provide invaluable help making effective use of legal tools to keep your money and property safe. There are many possible sources of loss that you could experience, with the biggest risks you face determined by your own unique situation. However, for most people, the risks of losing wealth increase as you age - so it becomes increasingly important to make an asset protection plan as you are getting older. Mark S. Eghrari & Associates, PLLC is here … [Read more...] about Why Asset Protection is More Important if You’re Getting Older
Long Island asset protection attorneys will help you to identify the threats that could affect your financial security. You have worked hard to build wealth and acquire property, and whatever the size of your nest egg, you deserve to be able to leave your assets to your loved ones. Unfortunately, there are many potential sources of loss that could end up leaving you without the assets you need to secure your legacy. Mark S. Eghrari & Associates, PLLC will work closely with you to create … [Read more...] about Three Questions to Help You Determine if Your Assets are at Risk
Long Island asset protection lawyers provide help to business owners who have their own companies. Business owners must make certain that they are actively taking steps to keep their wealth safe. While asset protection is important for every person, those who own their own companies face unique risks both during their lifetimes and after they pass away. A company should provide the chance to build wealth that can last generations. Having your own business should also provide the chance to leave … [Read more...] about Why Asset Protection is Important to Business Owners
Long Island living trust attorneys can help you to determine if you should create a trust, what type of trust you should create to achieve your goals for asset protection and asset transfer, and what kinds of assets you should transfer into your trust. There are both pros and cons to creating different kinds of trusts, and you need to make certain that a living trust is actually a legal tool that would be effective for you to use. Mark S. Eghrari & Associates PLLC will work with you … [Read more...] about Can You Put Your House Into a Trust?
Making effective use of asset protection strategies is of vital importance when you are trying to build wealth or when you have established a nest egg that you want to protect. There are many different techniques that you can use in order to protect assets but you need to be smart about where you get advice because there is a lot of misinformation out there about the best ways to protect your wealth and achieve financial security. Mark S. Eghrari & Associates PLLC can help you to … [Read more...] about Where Can You Learn About Asset Protection Strategies?
Asset protection lawyer provides guidance to people in and around Long Island who have worked hard to build wealth and who are worried that their financial security could be lost. There are inherent risks that virtually everyone faces with their money, and people in certain specific circumstances face an even greater potential for loss. Whatever your situation, you need to understand what dangers could impact your ability to benefit from the fruits if your labor when you've worked hard to … [Read more...] about 5 Tools Asset Protection Lawyers Help You Use
Identifying asset protection strategies is very important if you hope to achieve financial security. While saving money is very important, your nest egg could be lost in the blink of an eye if you have not taken steps to protect everything that you have worked so hard to acquire. The good news is, there are steps you can take and things that you can do in order to protect your assets- you just need to understand the right steps to take. Eghrari Law Firm has extensive experience providing … [Read more...] about Key Asset Protection Strategies to Keep Your Wealth Safe
Asset protection is important for seniors because many people like to target the elderly with scams. As a senior becomes older and unable to manage his or her own affairs, asset protection tools can allow the senior's property to be managed for him. Seniors can also make provisions to ensure their assets are not going to be lost due to estate taxes or nursing home bills by getting the right legal help with asset protection. Mark S. Eghrari & Associates PLLC understands all of the unique … [Read more...] about Asset Protection Essential as Tax Scam Targets Seniors