Asset Protection and Estate & Income Tax Planning are pieces to an overall protection that only savvy investors, business people and prepared entrepreneurs set up in advance. It is virtually impossible to do a portion of it without addressing all aspects.
Pino Law has dealt with the individual needs of our business clients in a cogent and effective manner that results in a comprehensive format for servicing asset protection, estate planning and tax reduction objectives and needs.
Our emphasis is on integrated estate and asset protection. That is why we call it “The Integrated Structure”. We can provide anything from a simple asset protection plan with tax optimization. Through the use of Family Limited Liability Companies, Family Limited Partnerships, Limited Liability Company, Corporations and numerous kinds estate instruments, we protect your personal and business assets.
Asset protection planning is a process by which one organizes their financial affairs in such a manner as to safeguard assets from the risk of exposure. Pino Law is an expert firm in the process of asset protection. Asset protection involves transferring the assets from an unprotected form of ownership to a protected form of ownership. The unprotected form generally applies to property held directly in an individual’s name or even in the name of a Revocable Living Trust. The protected form can be one of many asset protection vehicles such as LLCs, corporations, certain kinds of trusts, limited liability companies, and other such entities. Protecting assets can also be a process of transferring them into exempt assets to the extent permitted by states and federal law.
Pino Law is asked regularly by our business and investment clients about asset protection planning and set up. Many times our clients reach out AFTER they are presented with a lawsuit, which is not ideal, as many structures are available to set up prior to a lawsuit. Always keep that in mind as this type of planning is legal and must be done properly. It is not legal if it is done after the fact or in a fraudulent manner.
Estate Plans carry out your personal legacy objectives for the administration and succession of your wealth. Business owners in particular benefit from effective strategies that consider asset ownership, protection and distribution, both during life and upon death.
To help you achieve your goals, our family firm provides legal advice on a variety of legal structures such as trusts, wills, joint ownership, and life insurance arrangements. We are also retained by trustees, executors and administrators to obtain probate of wills or advise on the administration of trusts.
There are certain circumstances where individuals and families need particular support to ensure their continued financial well-being. Whether you have a family member with a disability or special needs or you want to plan for your own mental or legal incapacity, we are proud to be your trusted legal advisor.
Where matters are contested, you can rely on our litigation lawyers to resolve disputes, and where necessary, to represent you in court proceedings.
Estate planning and determining the transfer of your wealth will give you peace of mind. By liaising with our firm’s business expertise we can further help you and your beneficiaries take advantage of all available tax saving strategies. Our extensive business experience enables us to provide unique insights to facilitate your wishes.
Estate planning structures
An asset protection and estate plan requires professional structuring. Just forming entities such as Limited Liability Companies, Limited Partnerships, Corporations or Trusts online will not be sufficient to protect your assets. It is important to know how to manage them and how to structure these entities so that they inter-relate in a way that makes sense and works. That is the benefit of The Integrated Structure.
Pino Law is here to walk you through the Structure and help you make the right decision regarding which is the most beneficial for your business and investments. As part of our service, we bring our 40 years of expertise in asset protection and business to assist you in putting together a tax optimization and asset protected plan that makes sense both from an asset protection point of view and from an estate planning point of view.
A properly structured asset protection plan will properly segregate assets in such a way as to achieve the maximum in asset protection and in estate planning. It does not make sense to do one without the other. So focus on integrating asset protection planning and estate planning with Pino Law. Done properly, it will not only keep your creditors at bay, but also allow you to avoid probate and lower your income and estate taxes.
If you are involved in business, investments, real estate, entrepreneurism, and wealth creation, we invite you to reach out to us. We guarantee you will never experience any legal relationship comparable to what you will experience.