Fairfield County Asset Protection Lawyers

Attorneys for Estate Planning and Protecting Business Interests in Metro New York

The phrase "estate planning" can be misleading. When you think about estate planning, there is a good chance that you think about creating documents such as wills and trusts designed to transfer a person's property to his or her loved ones when the person dies. While the transfer of assets is certainly an important part of estate planning, there is much more to this area of the law, especially if you own a business, real estate, or complex investments.

At Ivey, Barnum & O'Mara, LLC, our lawyers have more than 65 years of combined legal experience, and we understand the importance of asset protection in any comprehensive estate plan. We are equipped to help you develop strategies that will safeguard your estate against unnecessary taxes and other possible liabilities.

Business Asset Protection

If you own and operate a closely held business or a private professional practice, your business assets and your own personal holdings are subject to a variety of risks. Lawsuits and claims against you or your company could place your personal assets in jeopardy. Such claims could even be filed against your estate in some cases. At our firm, we know that the key to protecting your business interests and your associated assets is preparation. We will work with you in creating customized plans for keeping your business safe for many years to come. As appropriate, we can also help you create succession plans that will allow you to pass on control of your company to the next generation safely and efficiently.

Tax Liabilities and Creditor Concerns

Tax planning strategies are among the top priorities that many families face with regards to estate planning, especially for those with substantial assets. Our knowledgeable team will help you legally protect your holdings, interests, and assets from creditors and adverse judgments. We can also develop comprehensive strategies that work within the law to minimize your tax obligations both during your lifetime and while your estate is being distributed to your heirs. These strategies may include establishing various trusts, securing insurance policies, and organizing corporate structures that can fully secure your assets.

Asset Protection for Seniors in Westchester County

The attorneys at Ivey, Barnum & O'Mara, LLC have helped many seniors throughout the region with managing and protecting their assets while assisting them in getting the medical and personal care they need. Our team will meet with you and your family to discuss your aging loved one's needs and to choose the asset protection tools that best suit his or her unique circumstances. We can help with Title 19 applications for medical assistance, trusts intended to fund long-term care, and more. Our lawyers can also help you negotiate contracts with nursing home and assisted living centers to ensure that you are not putting your assets or those of your elderly loved ones at unnecessary risk.

Call 203-661-6000 to Learn More

If you have questions about protecting your assets in Western Connecticut or Metro New York, contact our office. Call 203-661-6000 for a confidential consultation at any of the three locations of Ivey, Barnum & O'Mara, LLC today. Our firm serves clients in Greenwich, Stamford, Fairfield County, White Plains, Westchester County, and the surrounding areas.