Assest Protection

Serving Frederick & Montgomery Counties, and the surrounding Maryland communities

Protecting Assests

The desire to protect assets often extends beyond concerns related to taxes. At times, the objective is to protect assets for one's own benefit. In other cases, the goal is to protect assets from misuse or misappropriation by others. At-risk marriages, beneficiaries with alcohol, substance abuse or fiscal responsibility issues commonly require protective measures. Additionally, the possible need for extended nursing home care prompts many individuals to pursue strategies to preserve a portion of their assets for their loved ones. At its simplest level, asset protection can require as little as a plan to ensure proper management of financial resources in the event of incapacity. Testamentary trusts provide a solution in many situations where protection of property for others is the primary objective. The most complex circumstance involves efforts to avoid exhaustion of resources on nursing home and medical expenses. Federal and State laws have become increasingly restrictive and have limited the planning options available, but there continue to be viable strategies.

Practice Areas

Estate Planning & Probate Services

Trusts

There are numerous types of trusts, but the one about which clients most commonly inquire is the revocable trust.

Planning For Incapacity

Planning addresses a broad range of scenarios that can impact a person's care and his or her assets both during life and after death.

Asset Protection

The desire to protect assets often extends beyond concerns related to taxes. At times, the objective is to protect assets for one's own benefit.

Tax Planning

Our tax planning services focus primarily on the effective use of our clients' estate and gift tax exemptions, and strategies to transfer assets.

Charitable Planning

Charitable giving in the context of estate and gift tax planning takes many forms, and as with most tax planning, ranges from simple, outright gifts and bequests...

Entity Creation

Partnerships...We also assist in creating Corporations and Limited Liability Companies for traditional income tax and liability protection purposes.

Estate Planning And Probate Services

Personalized Estate Planning and Probate Services tailored to your family's specific circumstances and needs, your assets and your goals.

Our Clients Recommend Us...

Testimonial