Taxes can significantly erode the value of assets. A trust effectively places a wall around your assets, sheltering them from state and federal taxes. At The Gufford Law Firm, P.A., our attorneys can help you devise a plan to preserve your assets — for your family and you.
Port St. Lucie Asset Protection Trust Attorney
Our attorneys will work closely with you to determine the best way to protect your assets. In many cases, the most powerful asset protection tool is a trust. By placing your assets in a trust, you protect your assets from tax liabilities. In addition, if you face a lawsuit, the other party cannot take your assets if they are safeguarded within a trust.
A common misconception about trusts is that the assets become inaccessible to you once the trust is created. In truth, you can still use and spend assets that are in a trust. Additionally, should you wish to alter the terms of the trust, you can do so at any time. Our lawyers can help you better understand how trusts work and how you can benefit from placing your assets in a trust.
Virtually any type of asset can be placed into a trust. We have helped clients preserve a broad range of assets, including:
- Vacation properties
- Luxury vehicles, including boats
- Retirement accounts
- Life insurance benefits
Contact The Gufford Law Firm, P.A.
Protect your family by choosing the appropriate shelter for your assets. Contact our office in Stuart, Florida, to learn more. Call 772-221-1922 or 866-603-9936 to schedule a consultation with our Stuart asset protection attorneys.