Ligon Business & Estate Law (839-500-4766), a business law firm catering to clients in Rock Hill, South Carolina, has expanded its asset protection consultancy services, helping individuals decide whether setting up a trust is the most suitable option for their situation.
Following the announcement, George T. Ligon II guides clients through state and federal laws and other legal and tax provisions to come up with the most viable strategy for retaining control over their money and property. The trust attorney is now available to explain the advantages and disadvantages of setting up a trust as a way of protecting an individual’s assets under various estate planning scenarios.
More information is available at https://gtllaw.com/practice-areas/asset-protection-trusts/
As part of its expanded service, Ligon Business & Estate Law offers no-cost consultations for clients considering the addition of a trust to their estate plan. The attorney will conduct an overview of their current financial worth, ask questions to find out more about their family members and potential litigation scenarios and then come up with a plan to offset estate taxes, as well as probate and litigation issues based on their unique situation.
Trusts can be a key component of an individual’s estate plan since they are flexible tools allowing families to manage their wealth for many generations and effectively safeguarding them from creditors and unexpected legal challenges. Once a trust is created, individuals can move a variety of assets into them, including investments, property, and bank accounts, as well as vehicles, artwork, and other personal property.
“A trust can be the centerpiece of an estate plan or a belated add-on to address new concerns, such as an unforeseen disability. Whether we are updating your entire estate plan, growing it, or editing only a few provisions of documents you already have in place, I’ll work with you to make sure everything works together,” the trust attorney says.
Individuals who want to examine the advantages and disadvantages of creating personal trust alongside other possible options and outcomes that could prove more feasible for their situation can use the form available on the firm’s website to arrange a consultation.
In addition to asset protection and trust advice, Ligon Business & Estate Law also offers guidance on auction law, business law, business succession planning, estate planning, and family farm planning.
Additional details can be found at https://gtllaw.com/practice-areas/asset-protection-trusts/