The experienced Texas lawyers who can wisely advise you and your family on wealth management matters and asset protection features of any solid estate plan are Pursley McNamara & Flint, PLLC, in Missouri City.
Our law firm works hard to solve our clients’ life problems every day. When these issues involve asset protection goals for family companies or property, Medicaid eligibility, care planning, cost-saving measures and protection against contingencies that are not end-of-life decisions for our aging population, our skilled lawyers can help — with in-depth legal knowledge, dedication to personal service and problem-solving skills that bring you peace of mind.
At Pursley McNamara & Flint, PLLC, we can draft documents that keep your estate safe from creditors and protect your qualified retirement plans, annuities and life insurance benefits. We can also provide protection for a wide range of assets, including bank accounts, money market funds, stocks, bonds, closely held and family-owned business interests, and types of real estate.
Two of the fundamental tools that can be used to achieve this goal are a family limited partnership (FLP) and limited liability company (LLC). An irrevocable trust can work hand in hand with a family limited partnership to accomplish asset protection objectives, while the limited partnership absolves you of liability in case of legal action against your estate by creditors.
Another benefit of the family limited partnership is the discounting of estate taxes at the time of your death.
For honest, accurate answers to any questions you might have about asset protection strategies within your solidly built estate plan — and to secure your free consultation — contact our Pursley McNamara & Flint, PLLC, law offices. We can help.
Medicare Planning Attorneys With Experience, Knowledge, Results
Our Missouri City estate planning asset protection attorneys are available to you right now at (713) 766-4326 or by email.