Asset Protection Planning† is a critical element of a retirement plan. Because retirement plan assets are a large portion of your overall wealth, it is imperative that you help protect those assets from creditors and lawsuits targeting 'deep pocket' professionals. An effectively designed asset protection plan implemented before problems arise can help ensure that your wealth does not become somebody else's windfall.
FDR Financial Group, Inc. understands the complexities of available asset protection and planning measures and how they can work together to help protect your financial security. We will develop an asset protection plan that utilizes the approaches that are best for you and your unique situation, and help you understand how the plan affects your overall estate. As you grow more successful, we will work with you to update your plan.
Asset protection is about more than money. It is about the confidence that comes with the knowledge that you are doing everything you can to help plan for any liabilities that may affect your future and your family's future.
†Asset protection plans should be developed and implemented well before problems arise. Due to the fraudulent transfer laws, asset transfers that occur close in proximity to the filing of a lawsuit or bankruptcy can be interpreted by the court as a fraudulent transfer. Proper structuring of these assets is imperative please seek proper legal and tax advice prior to engaging in re-titling/structuring of any assets. Please note that laws are subject to change and can have an impact on your asset protection strategy.