Long Beach | Downey | Irvine, California
Asset Planning and Asset Protection Attorneys
Velasco Law Group provides a broad range of legal services designed to help you pass your assets to your loved ones in an efficient and cost-effective manner. Contact our office today to learn more about our tax and asset protection planning services, which include:
Estate Tax Planning: When families have a high net worth, an estate must be planned properly. Why? Planning is critical for large estates to eliminate or minimize exposure to estate taxes. We use sophisticated tools and techniques that minimize or eliminate estate taxes. These techniques include:
Business Structure: Our lawyers can help you establish a family limited partnership (FLP), limited liability company (LLC). Having the proper business structure can help you minimize exposure to business debts and liabilities and allow you to more effectively plan for the successful transfer of your business to the next generation.
Asset Protection for future generations: Proper planning for the distribution of your assets upon your death, helps reduce the chances that your children, grandchildren and other beneficiaries will have to forfeit inherited assets duet to divorce, judgment creditors, poor or imprudent financial decisions and future estate taxes.
Other Asset Protection measures: Asset protection is especially wise where clients hold investment properties, which can generate considerable liability to unwary owners. In addition, for those clients engaged in high-risk professions, our firm is well positioned to advise clients how to best protect their hard-earned assets lawsuits and creditors.