If you are concerned about protecting your hard-earned wealth, there are viable options aside from hiding your money in the Caymans or stuffing it in a mattress. The Wills, Trusts & Estate Administration Practice at the law firm of Capehart Scatchard provides a variety of proven and legitimate strategies to shield wealth from creditors, taxes, lawsuits or the winds of fortune.
Our Mt. Laurel law firm advises business owners, professionals and other high net worth clients who want to strengthen their asset protection or safeguard against a specific threat. We serve clients throughout New Jersey and Pennsylvania.
The experienced lawyers of our Practice can analyze your asset base and your circumstances to determine the most appropriate and effective asset protection strategies. We are knowledgeable about various trusts and other avenues for reducing tax burdens, transferring wealth or holding assets at arm’s length from your personal estate:
- Gifting to heirs
- Generation-skipping trusts
- Irrevocable trusts
- Charitable trusts
- Special needs trusts
- 1031 exchanges
- Incorporation or limited liability company (LLC)
- Life insurance and annuities
No asset protection method is “bullet-proof” and those who make such claims commonly get their clients in trouble with the IRS or the Justice Department. The attorneys at Capehart Scatchard provide individualized and diversified strategies to provide maximum preservation without attracting undue regulatory scrutiny.
The threats to your accumulated wealth may be external (judgments, taxes, business liabilities) or internal (nursing home care, a disabled child, and a family member’s gambling addiction). We will help you take the steps to ensure financial stability for you and your heirs, in conjunction with your overall tax and estate planning.
Legal Services
Our team can assist with various elder law issues, including but not limited to:
- Advanced Succession Planning
- Asset Protection Planning
- Business Succession Planning
- Insurance Planning
- Irrevocable Trusts
- Lifetime Disability Planning
- Lifetime Transfers
- Medicaid Planning
- Revocable Trusts
- Wills