Estate Planning and Asset Protection:
A Modern Approach for Modern Day Families
Disclaimer:
We are not your grandmother’s estate planning firm. At AB Law, we have a revolutionary, cutting-edge approach to estate planning to make it relevant and specific to modern day families that have kids they want to protect, assets they want to preserve, wealth they want to amass for future generations, and multiple safeguards in place to ensure their plan will be current and will work when the time comes. All these tools are available but not all are well known or widely discussed. That’s where we come in. Let us help you access these resources that were previously reserved for only the very wealthy.
Disclaimer:
You don’t have to be “old” or “wealthy” to be thinking about estate planning and asset protection. If you own a home and/or have children, you owe it to yourself and your family to consider your options, regardless of your current income or asset position. AB Law aims to make these estate planning and asset protection tools more mainstream and available, at a price point that is affordable and pays for itself.
Some things are too important to leave to chance: Your family. Your hard earned assets. And your legacy.
The AB Law Approach to Estate Planning and Asset Protection
At AB Law, we take a multifaceted, comprehensive approach to estate planning. We know, and appreciate, that estate planning is more than just a will. Instead, we focus on multiple Legacy Building Blocks: estate planning essentials, asset protection tools, wealth generating mechanisms, tax minimizing strategies, court and conflict avoidance, values preservation, and so much more… all while keeping in mind your personal objectives, your family dynamics, and your assets scenario. And we know how to boil these principles down to the basics so you are not left feeling overwhelmed. Our mantra at AB Law is to educate and empower. We get to know you (like, really know you), arm you with the facts, talk through the easy and the not-so-easy, and collaborate together to craft a plan tailored to fit your life, your family, and your intended legacy. Education and empowerment are our priorities.
What the heck is an estate plan,
and why do I need one?
We get it. Estate planning sounds intimidating, time consuming, emotionally heavy, boring, and the perfect thing to put at the bottom of your to-do list and keep pushing off.
You may be thinking, “I don’t own enough to have an estate plan” or “that’s something I can wait to do when I get older.” Neither is true.
Do you know, with absolute certainty, what would happen to your minor children if you and your spouse didn’t make it home from a date night? What happens to them in the interim before family can travel from another city or state? How do you choose the right person to take care of your children? What happens to the financial assets you planned to pass down to successive generations? How do you protect those assets from creditors or in a divorce? Who acts on your behalf if you become incapacitated? What happens to your business?
No plan means that you’re stuck with the state’s plan, and it’s far from optimal.
An outdated or insufficient plan (let us review it – we’ll put it through the AB Law Grinder to make sure it is updated, bullet-proof, and will work when you need it) may mean unnecessary and costly court intervention, sensitive information being made public for community viewing, and losing hard earned property to the state. It also means your wishes may not be preserved. We’ve seen this happen far too often. We take care of all the “what if” scenarios and account for all uncertainties so you can rest assured your most important assets will be protected. We also address opportunities to further preserve and grow your legacy with cutting-edge asset protection tools.
We know every family is different and has different priorities. We customize and tailor to your circumstances, whether it’s asset and wealth protection or accounting for your minor children. It could be both – we can address it all.
Um, okay. That’s a pretty loaded plate of information. What should I do next?
Schedule a complimentary session with us now. Together we’ll identify precisely where you are (Point A) and the potential of where you could be (Point B).
We do our homework before we meet you to ensure productivity, and we review and organize all of the details that are important in your unique estate plan. This is an invaluable educational process and gets you closer to your goals, whether you hire us or not.
Have a plan? Great! Let us put it through the AB Law Grinder to ensure you’ve got all your bases covered, it’s up to date, and there are no unexpected loopholes or pitfalls. Complimentary review on us.
All assets – the tangible and the intangible, the big and the small, the living and the nonliving – are worth protecting, and certainly worth saving from federal taxes and the state’s pockets. Our thorough, in-depth, “ask all the hard questions” review process will make sure no stone is left unturned, and that all of your dollars, your people, your wishes, and your intangibles are accounted for.
Why AB Law?
We believe in collaboration and teamwork. We also believe in fully understanding your goals, relationships, and values, and strategizing with you on how to best fulfill these for you and your family.
We are good at what we do – we’re comprehensive, diligent, and ask the questions that many others don’t. We see the grey areas and the hidden loopholes and unearth them to make sure no stone is left unturned when it comes to protecting your family and your legacy. We are hyper focused on protecting your assets, protecting your children (especially if they’re young and can’t protect themselves), and protecting your voice and your wishes.
We also understand your legacy is not all about your assets – that your values and stories and experiences have depth and meaning too. Our personalized estate plans take this into account, so that you can leave behind a legacy of the tangibles and the intangibles (which our clients often tell us is the real legacy they wish to impart). We stay engaged with you and your family, even after you’re gone, to ensure that your legacy and wishes are faithfully executed. We are in this for the long haul.
No question is too silly, too ridiculous, or too complex. We encourage you to reach out – let’s at least begin the conversation. Whether it’s today for an initial discussion, 5 years from now when your circumstances have changed, or 15 years from now when your life has been inextricably altered, we’re here, just a phone call or e-mail away, ready and prepared to guide you through any twists in the roads with compassion and ease.
Estate Planning Services
A revocable living trust is often the foundation of a solid estate plan which, when done correctly and maintained over time, should help your family avoid the cost and delay of the public probate process and minimize or eliminate estate taxes.
At AB Law, we have the experience to identify your current situation and determine which legal vehicles will best fulfill your wishes. The size of your estate is irrelevant. Every estate is worthy of protection from unnecessary taxes, a long drawn out and costly court process, and a public airing. Every estate is certainly worthy of having all assets accounted for and to be passed on in the manner you wish, instead of to administrative fees, taxes, or abandoned property state funds (side note: did you know that billions of dollars of unclaimed assets are currently held by the State of Texas?)
Revocable
Living Trust
Trust(s)
Needs Trust
Planning
Planning
Planning
Attorney
Release
Wills
Wills
Services
Avoidance
Planning
Needs
“[N]obody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions.”
Atlantic Coast Line R.R. Co. v. Phillips, 332 U.S. 168, 173 (1947).
“Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.”
Have questions? We have answers! Let’s talk.
Drop us a note or schedule a free 15-minute consultation with us.