Physicians,
corporate executives, businesses owners, and other professionals face a disproportionate exposure to frivolous lawsuits. We
employ an integrated planning process using various techniques to create sound and effective solutions for our clients.
Asset protection is a part of integrated estate planning in which a person organizes his/her assets and affairs for
the purpose of protecting and controlling his/her assets during his/her life, in incapacity, and direct the distribution of
assets at death. Integrated estate plan protects assets from liabilities and litigation judgments, disability, guardianship,
probate, and death taxes.
There are many "asset protection" gimmicks and promotions out there that do not work
or are fraudulent. There is no one size fits all asset protection plan, so a proper asset protection plan should include a
mix of various strategies. The main purpose of asset protection planning is to have more bargaining power in litigation settlement
negotiations. When an asset protection plan is integrated with estate planning, there may be significant
tax advantages.
Our knowledge of corporate, real estate, IP, and tax issues, in addition to probate
procedures, makes us effective estate planners and probate litigators.
- Counseling on estate, gift, income, and generation-skipping
transfer tax issue
- Preparing personalized
estate planning documents such as wills, revocable living trusts, irrevocable trusts, generation-skipping trusts, insurance
trusts, charitable trusts, various grantor and personal residence trusts, and powers of attorney for financial matters and
for medical treatment decisions
- Forming family
limited partnerships, limited liability companies, corporations and other entities.
- structuring integrated asset
protection, wealth preservation and estate planning strategies appropriate for each client’s individual objectives and
needs.
- Probate litigation
- Judgment enforcement proceedings
Locations of practice: Los Angeles
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