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Asset Protection Planning

 

Protect Your Assets from Long-Term Care Costs

and Other Threats

What is Asset Protection?

Asset protection is the creation and use of Wills, Trusts, Durable Powers of Attorney, Gifting Strategies, Estate Tax Planning, and Living Wills to protect you and your assets while you are living, and to ensure that your assets transition in the way you wish after you pass away. Asset protection planning can also protect your beneficiaries from unnecessary taxation that can drastically reduce their inheritance. 


Asset protection planning isn’t just for the rich. Anyone with a house, a car, retirement accounts, and bank accounts should consider protecting assets from creditors, predators, the IRS, and the high cost of long-term care.

 

Learn More

To find out more how about Assets Protection Planning services from Takacs McGinnis Elder Care Law can benefit you and your loved ones, contact Takacs McGinnis to schedule your consultation. 

Call (615) 824-2571 or email us