St. Petersburg Wealth Preservation Attorney
Life can throw many curveballs, but with the right legal planning you won’t strike out. At Fisher & Wilsey, P.A., our team of St. Petersburg wealth preservation attorneys have helped families and businesses protect their wealth using proven strategies. You have worked your entire life to build a legacy you are proud of, and you should put in place the right documents to ensure your legacy continues. Let’s work together to ensure it is preserved for the next generation.
Preserving Wealth the Right Way
There are so many threats to your wealth, from government taxing authorities to creditors who might sue you in court. Helpfully, you can protect and even grow your wealth using certain strategies:
- A trust is an excellent way to provide for family members. Certain trusts also offer tax advantages and will reduce your taxable estate.
- Tax planning. Wealth can disappear quickly when Uncle Sam decides to take a bite. Our tax planning services consider the right strategies at your stage of life. A CPA, although an excellent resource, is no substitute for the legal knowledge that only an attorney can provide.
- The right insurance product can preserve wealth should a tragedy strike. Some insurance products to consider include life insurance, business liability, errors and omissions, umbrella coverage, and more. Work with an attorney to determine which insurance policies you should purchase, as well the amount of coverage.
- Asset protection. Our firm has protected assets using limited liability companies (LLCs), offshore accounts, and other vehicles to put wealth beyond the reach of creditors. Call our office for an asset protection strategy tailored to your needs.
- Fiduciary appointments. Preserving wealth requires fielding the right team to manage your wealth. Our office can help you pick the right trustee, personal representative, or agent for your needs. We can also advise whether it’s time to move on from a fiduciary.
- Health care planning. Health expenses can balloon toward the end of a person’s life, potentially wiping out decades of savings. Planning properly now means that less wealth will evaporate when a medical crisis hits.
Contact our firm to discuss wealth preservation, including the greatest threats to your future stability. Our consultations are always confidential.
Business Succession Planning
Business owners realize the importance of strategic planning when it comes to hiring and product development. You should bring that same level of deliberation and care when thinking about the future of your company. Because so much wealth is tied up in family and small businesses, careful succession planning is an important wealth preservation strategy.
We work closely with entrepreneurs and small business owners to anticipate vacancies and prepare for unforeseen contingencies. When done right, succession planning creates a smooth transition toward the next generation of leaders, while preserving the value of a company.
Protect Your Wealth by Contacting Our Office
A St. Petersburg wealth preservation attorney at Fisher & Wilsey can meet to learn more about how you want to preserve your wealth. Call us today to schedule an initial consultation.
