What keeps many high net worth individuals up at night is the potential loss of personal assets to unforeseen creditors and disgruntled investors or shareholders. Our highly litigious society, coupled with the uneven state-by-state protections afforded individuals make asset protection planning a key part of each high net worth individual’s overall financial planning.
Working with our clients’ legal and tax advisors, The Pacific Group designs and implements effective structures to assist our clients to protect those assets they have worked so hard to acquire.
Our strategies have their origins in three main bodies of law:
- Statutory: Primarily through structures created by Congressional
- State Law: Utilizing a multitude of asset protected structures granted
within certain states, including Family Limited Liability Companies,
Homestead properties, annuities, and select life insurance policies.
- Trust Planning: Through the use of a variety of asset protected trusts,
including Domestic Asset Protection Trusts (DAPTs), Intentionally
Defective Grantor Trusts (IDGTs), Grantor Retained Annuity Trusts
(GRATs), Charitable Remainder and Charitable Lead Trusts (CRTs and CLTs) and Irrevocable Life Insurance Trusts (ILITs).
AXA Advisors and its affiliates and associates do not provide legal advice or services. Please consult with your own legal advisors regarding your particular circumstances.