Asset Protection & Business Planning
Learn more about the various planning options that MVP Law Group can provide. Contact us today for a Free Consultation to learn more!
ASSET PROTECTION & BUSINESS PLANNING
As more Americans become entrepreneurs, they discover that wise business planning is essential to their success today and their financial security tomorrow. Our law firm can help you achieve your goals, whether your business is a one-person operation or one striving for a place on the Fortune 500 list.
Creating a Buy-Sell agreement can help you achieve tax advantages and control with respect to your family business. Equally important is the peace of mind you’ll gain when you know your children will be well provided for and your legacy will be passed on in a highly structured and cost-efficient way.
FAMILY LIMITED PARTNERSHIPS
A strategy that can help you meet such diverse goals as estate planning and protection from lawsuits, the Family Limited Partnership may be something you should consider. We will help you determine if it’s right for your business and family.
LAWSUIT & ASSET PROTECTION
In today’s litigious world, you’ve never faced greater threat from predators who will try to use the legal system to deprive you of your life’s work. Part of your birthright is that you may be sued at any time, for any reason, and for any amount. The good news is there are proven strategies that will ethically preserve your wealth and keep the vultures at bay. We can help with these strategies for safeguarding your assets.
LIMITED LIABILITY COMPANIES
Tax-advantaged status and liability protection are the hallmarks of this legal tool. If we determine that a Limited Liability Company is appropriate for your situation, we will ensure that you derive all the benefits this company structure offers.
What will happen to your business if you die or become incapacitated? For death or incapacity, the general rule is that your holdings in any and all business entities revert to your Estate, after your Estate has been settled. Therefore, as an owner (or part owner), a proper “succession plan” must be outlined in an Estate Plan. This succession plan will provide direction on the next steps for the company so that the business can proceed in an orderly fashion.
How MVP Law Group can help!
Problems arise when people don’t coordinate all of the correct methods of passing on their estate. If you have a well-drafted estate plan in place, you will ensure that your estate passes to whom you want, when you want, and is carried out in the manner you’ve chosen. You can rest assured that your family won’t have to endure the public process and costly matter of probate. The government won’t be able to take what you’ve spent a lifetime building. But you need to be aware of the many options that exist in estate planning – and you must choose your estate planning attorney wisely.
We offer a wealth of free information and free estate planning seminars in our area. Explore the resources available on our website or join us for a free Estate Planning Seminar.
We want you to feel confident about the choices you make – let us be your guide on the path toward preserving your family’s future.