Wealth Protection
Dave, like many business owners, was very good at operating a profitable business in his own industry.  However, he lacked the wherewithal to convert that profitable business into personal wealth, allowing him to protect the value of the business for the future.  When Dave came to us, his personal estate was losing value due to inflation, taxation and missed opportunities. He knew he needed to take some major steps to protect and manage his assets.

Our first goal was to change Dave's approach to managing his personal finances.  We helped Dave view planning as a way to make every dollar work harder to bring him closer to his goals.  We helped him form a long-term plan that would protect his wealth, fund his favored charities and provide for future generations. 
Our overall plan included many facets. First we helped Dave shift assets held in general partnerships and his name into protected entities. We also helped Dave plan and form a corporate structure that would separate assets into multiple entities. This would allow for added security for each entity against creditor claims on another. In order to provide necessary liquidity and protection from wealth invasion, insurance policies were deployed, each with its own purpose.

The net result was that about one year later, Dave's personal financial structure was operating with a purposeful approach that matched his goals. Dave's ongoing tax liability was decreased and his estate was protected from many factors that had previously been eroding its value. Above all, he had the peace of mind in knowing that his financial goals for his retirement, heirs and favored charities would be exceeded.

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