Increasingly rapid changes in our economic life emphasizes the need to work with your lawyer and other professionals to create financial plans that protect your assets, maximize their potential value, and provide for efficient transfers. This is no longer merely drafting a will, but planning for your business, asset protection, marriage, elder care, special needs, and business succession.
1. Business Planning and Succession. Evaluating the way you organize and operate your business to maximize value, minimize liabilities, and facilitate its continuation or sale.
2. Asset Protection Planning. Evaluating methods and strategies of ownership to insulate your assets, create financial “firewalls”, and avoid their loss due to liabilities arising from other areas of your life or business.
3. Marriage Planning. Evaluating prenuptial, post-nuptial, and other agreements to alleviate uncertainty and acrimony in the event of divorce, death, or disability and addressing issues in a calm and cooperative environment rather than attempting to do so under the auspices of a pending crisis or dispute.
4. Health/Elder Care Planning. Evaluating strategies and options available in the event of your or a family member’s disability, incapacity, or debilitating medical condition, whether temporary or long term.
5. Special Needs Planning. Evaluating the options available to care for or enhance the lifestyle of dependents or others who will need assistance throughout their lives without risking their entitlement to governmental and other need-based benefits.
6. Estate Planning. Evaluating the strategies and vehicles available to avoid probate, efficiently transfer assets, and secure your heirs’ inheritance while minimizing taxes, litigation, delay, and expense.
At Brooks, Tarulis & Tibble we have experience in advising and working with clients in several of these areas and can refer you to or work efficiently with your accountant, tax preparer, insurance advisor, investment counselor, or others in preparing plans to protect your lifestyle and to put you at ease. If we can assist you in this matter, please contact us.
