Asset Protection Planning

Law Offices of Richard A. Sarner, LLC ● Stamford, Connecticut ● New York City ● Experienced Asset Protection Planning Attorneys

When you have worked hard to build your wealth across a lifetime, you do not want to see it drained away by a lawsuit, taxes, or medical expenses. At the Stamford Law Offices of Richard A. Sarner, LLC, we tailor asset protection plans to each of our high net worth clients. We understand that one size does not fit all. A doctor, for instance, may wish to insolate his or her personal assets from future malpractice liability, while business clients and high net worth individuals may wish to structure their plans so as to remove them from the reach of future creditors or by investing in assets which are exempt from creditors.

We employ a number of different tools in designing your personalized asset protection trust and plan:

• QPRTs (Qualified Personal Residence Trusts)—A type of trust into which the client transfers his or her personal residence while retaining the right to live in the residence for a term of years. At the end of the term, the property passes to the client’s beneficiaries. Removes the future value of the house from the client’s estate. Often used as an asset protection vehicle by doctors and those with taxable estates.
• Debt Shields—By transferring all of your equity from your real estate to an exempt asset or to an asset that offers substantial protection and some upside potential, your net worth is increased while your home is protected and you still enjoy the upside of the home.
• Domestic Asset Protection Trusts, International Asset Protection Trusts, Captive Insurance Companies, Family Limited Partnerships and LLCs, Funding of Exempt Assets, Delaware Trusts, Nevada LLCs
• Foreign or Offshore Trusts—If you are a U.S. resident, you must disclose your worldwide income however and wherever situated. However, international planning, when coupled with domestic exempt assets, can be extremely effective as an asset protection vehicle. (e.g., Cook Islands),
• Strategic Use of Cash Value Life Insurance—While no one likes paying life insurance premiums, the proper strategic use of insurance, as the investment vehicle in the debt shield structure, can provide guaranteed returns, enjoy the upside, while protecting the downside, and provide for tax-free growth, all within a policy tied to the S&P 500 index.

Estate Planning Attorneys with over Forty Years of Combined Experience

Our attorneys, Richard A. Sarner, and Susan F. Rothwell  have over thirty-five years of combined experience in estate planning. The firm has attained the prestigious Martindale-Hubbell® AV rating* and is listed in the Martindale-Hubbell® Bar Register of Preeminent Lawyers™ In addition, Mr. Sarner has co-authored the books, “Giving: Philanthropy for Everyone,” (Quantum Press, 2002) and “Love, Money, Control: Reinventing Estate Planning—Practical Answers from America's Foremost Estate Planning Advisors .” (Quantum Press, 2004).

The Law Offices of Richard A. Sarner, LLC, offers estate planning services that are personally suited to each client. Because we are part of WealthCounsel, LLC, and the Wealth Strategies Collaborative®, we are able to offer the resources of a much larger firm, while maintaining the flexibility and intimacy of a small one. Our practice is devoted mainly to estate planning, including such practice areas as wealth transfer, insurance planning, charitable giving, and more.

Contact an Experienced Asset Protection Planning Lawyer

If you are concerned about your hard-earned wealth being vulnerable to creditors and lawsuits, contact the experienced asset protection planning attorneys at the Law Offices of Richard A. Sarner, LLC.

The Law Offices of Richard A. Sarner, LLC ● www.SarnerLaw.com

The Law Offices of Richard A. Sarner, LLC, proudly serves clients in Fairfield and Westchester counties—including the Connecticut communities of Stamford, Bridgeport, Fairfield, Norwalk, Danbury, New Haven, Westport, Wilton, Ridgefield, Greenwich, New Canaan and Darien, and the New York City boroughs of Manhattan, Brooklyn, Queens, and the Bronx and the Westchester County communities of White Plains, Bedford, Pound Ridge, Scarsdale and Nassau County and Suffolk County on Long Island

*CV, BV, and AV are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards, and policies.

Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the judiciary. Martindale-Hubbell ratings fall into two categories - legal ability and general ethical standards.