The attorneys at Burke Blue know that business owners and individuals need to protect their hard-earned assets from loss due to lawsuits, creditors or bankruptcies. Wealth Management, sometimes also referred to as Asset Protection, is a type of legal planning that can protect you from these types of situations by managing assets in such a way as to avoid unnecessary taxes, preserve assets, and ensure their passage to future generations. Depending on the specific situation, there are many wealth management strategies to consider including various types of trusts, durable powers of attorney, obtaining the proper amount of insurance, exempting assets, and the creation of legal entities. Each of these strategies serves a different purpose and depending on the needs of the business owner or individual, have various advantages and limitations based on specific short-term and long-term financial plans. A Burke Blue attorney can assess your particular situation and help you understand the risks you may face and the avenues that can be taken to minimize that risk.
50 years of providing comprehensive legal services to businesses and individuals throughout Northwest Florida
The hiring of an attorney is an important decision that should not be based solely on advertisements. Before you decide, ask us to send you free written information about our qualifications and experience or contact us online or by phone at 850-769-1414 for Panama City; 850-236-4444 for Panama City Beach.