Asset Protection

Illinois Asset Protection Lawyer

Without safeguards in place, your assets may be at risk from creditors or other claims on your estate. High-net-worth individuals are advised to meet with our Illinois asset protection lawyer to explore options like establishing trusts to make sure their intended beneficiaries can receive the full value of their inheritance. Since 2007, Bott & Associates, Ltd. has brought peace of mind to families and individuals through effective and personalized estate planning solutions. Learn what you can do to keep real estate, stocks, and other valuable holdings in the family long after you’re gone.

Asset Protection Attorney Serving Illinois

The first step of asset protection is a risk evaluation. Our attorneys can review your finances and make recommendations based on your current and future goals. In many cases, we recommend transferring ownership of property and other assets into a trust. This safeguard means you don’t have to worry about creditors claiming a portion of your heirs’ inheritance or risk a Medicaid denial due to income limits.

You should consider meeting with our Illinois asset protection lawyer if:

• You have complex assets or a high-value estate.
• One or more of your beneficiaries have special needs.
• You own a business or have significant interests in a business.
• You anticipate a substantial change to your financial circumstances, whether an accumulation or a debt.
• You or your family has undergone a major lifestyle change, like divorce, loss of a spouse, or other event.

Our asset protection attorney can compare all of the options available to you so that you feel empowered and in control of your estate plan. For example, if you want to make sure that the medical needs of a dependent beneficiary are available throughout their lifetime, we can assist with setting up a special needs trust. Another common instance where our lawyers’ guidance is prudent is in the succession of a business or strategic real estate transactions.

Why Experience Matters in Asset Protection

Your goal is to protect what you’ve spent your whole life building. Our attorneys can help you do that while also maintaining state and federal compliance. From transferring ownership to mitigating tax implications, when you partner with our firm, your best interests are our top priority. You don’t want your family members to have to question what to do with your assets or let their financial security fall apart. Instead, rely on the estate law firm Illinois residents have depended on for decades, based on:

• Our proven track record of safeguarding wealth.
• Our lead attorney’s national recognition for excellence in estate planning services through admittance to the American Academy of Estate Planning Attorneys
• Our unwavering commitment to deliver peace of mind

It is never too early to begin estate planning. To get started, check out our library of resources on our website, including FAQ guides, informational videos, and upcoming webinars. If you are ready to move forward, schedule a consultation by contacting our office. Bott & Associates Ltd. offers 24/7 live call answering so you can feel confident that the legal assistance you need is always within reach. Get peace of mind and discuss your options for safeguarding your wealth with our Illinois asset protection lawyer today.