Quality Asset Protection Lawyer Services In Westland OH

Baxter & Borowicz Can Help You With Asset Protection Lawyer Services Today!

Here at Baxter & Borowicz, we have a few core values that we incorporate in every case: efficiency, value, and experience. When our clients contact us, we strive to always be direct and communicate clearly so that there's minimal confusion. Our attorneys create tailored legal strategies and documents to help meet your needs and protect your interests.

We take the time and the energy to focus on you. We bring a practical perspective to all issues, and we find strategies that are effective for you, your family and your business.

Asset Protection Attorneys Serving Westland OH

At Baxter & Borowicz we understand that one of the most important aspects of your estate plan is financial planning in the interest of the protection of your assets from creditor claims and estate taxes. Our experienced estate planning attorneys provide more than just documents to our clients. We provide experience and strategy in protecting assets and families.

There are a number of different ways that you can protect your assets, including creating a family limited liability company (FLLC). In a typical FLLC, parents or grandparents will transfer real estate, publicly traded securities, an interest in a closely held business or some combination of these into a limited liability company. The transferors will typically retain a certain percentage of the company interests. At some point, other family members are given or sold membership interests either all at once or incrementally over a period of time. All parties are bound by an FLLC operating agreement, which defines everyone's responsibilities and interests as well as the ability to (or inability to) transfer their respective interests.

There are other ways to help protect your assets! An FLLC is not the only way to protect assets. There are simpler mechanisms that may be utilized depending on your needs. A spousal transfer of assets or an irrevocable trust may also be used to protect your wealth. Please contact us to arrange a consultation with one of our experienced lawyers to learn more about your options.

We Practice More Than Just Asset Protection!

If you or a family member are in need of asset protection lawyer services, don't hesitate to contact us ASAP to get the process started - we specialize in helping families & businesses protect their assets for a better future. We look forward to working with you to help find a solution.