Iowa Asset Protection Attorneys
Helping Clients in Des Moines and Throughout Iowa Protect Their Assets from Day One and for Years to Come
Whether you have a substantial estate or modest assets, proper estate planning is essential. However, with so many different legal documents and financial considerations involved, it's easy to feel lost and overwhelmed. This is where an experienced asset protection attorney can be a real asset.
Pearson Bollman Law is a top-notch estate planning law firm located in Iowa. We are dedicated to assisting our clients in safeguarding their assets. Don't hesitate to contact us today to initiate the asset protection process.
How Can an Estate Planning Lawyer Help You Protect Your Assets?
The following are a few of the ways an estate planning attorney can help you protect your assets in Iowa:
- Maximizing Your Estate's Value – One of the primary goals of estate planning is to ensure that your assets are preserved and passed down to your beneficiaries as efficiently as possible. An asset protection attorney can help you achieve this by reviewing your assets and identifying potential threats or risks to your estate. They can also help you develop a comprehensive strategy to minimize tax liabilities and other expenses, thus maximizing the value of your estate.
- Establishing a Trust – Trusts are an essential estate planning tool that can provide many benefits, such as protecting your assets from creditors and minimizing estate taxes. An asset protection attorney can help you establish a trust that meets your unique needs and ensure that it complies with all local and federal laws. Your attorney can also help you select a suitable trustee to manage your trust and ensure that your wishes are carried out as intended.
- Protecting Your Business – Business owners face unique estate planning challenges, such as transferring ownership and protecting their assets from legal action. An asset protection attorney can help you create a business succession plan that covers key matters, like determining the value of your business, transferring ownership, and minimizing tax liabilities. This plan can provide you with peace of mind that your business will be in good hands when you retire or pass away.
- Addressing Chronic Illness and Disability – Estate planning is not just about preparing for death but also about planning for life. In the event you become chronically ill or disabled, an asset protection attorney can help you establish a power of attorney and medical directives that appoint someone to make decisions on your behalf. Additionally, your attorney can help you structure your estate to ensure that your care needs are met while preserving your assets and minimizing the financial strain on your loved ones.
- Updating Your Estate Plan – Estate planning is not a one-time event. As your life circumstances change, your estate plan should reflect those changes. It's important to review and update your estate plan on a regular basis to ensure that it still meets your needs. An asset protection attorney can help you keep your estate plan current and ensure that it remains effective over time.
If you're looking to create an effective estate plan, an asset protection attorney can be a real benefit to your planning process. The right attorney can provide invaluable insights and guidance, helping you to maximize your estate's value while minimizing risks and liabilities.
By working with an asset protection attorney, you can ensure that your estate plan reflects your unique needs and preferences and that it will effectively protect your assets and your family's financial future for years to come.
Interested in protecting your assets in Iowa? Schedule a consultation to learn more about how we can assist you. Give us a call at (515) 298-8850 or reach out to us online today.
Clients turn to Pearson Bollman Law for our professional experience and knowledge of the law because we have a stellar reputation for delivering top-notch representation both in and out of the courtroom. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
With decades of experience between our attorneys and staff in estate planning and elder law, we are a premier Iowa law firm that has the skills you need in your corner.
With 5 offices located throughout the State of Iowa, you will always have access to our team when you have questions or concerns about your case.
We not only provide free initial consultations for our planning services, but most matters have fixed fees so you understand exactly what you get and how much it costs from the very beginning.
When it comes to estate planning, we have a well-defined process that is tried and true, working well for thousands of clients in the past.
He explained everything very clearly so they understood.