The focus of our law practice is on asset protection planning. We structure our clients personal and business holdings to protect against risk of loss from sources of potential liability. This structuring is based upon the correct choice of business entity and the proper asset protection vehicles for holding assets and accumulated wealth. Many clients also seek a high degree of privacy for their business and financial affairs as well as maximum protection for their available assets.
Tax planning is key component of asset protection services. How we choose the correct business entity and structure a business model depends on many factors including asset protection and tax efficiency. The 2018 tax law creates many opportunities for tax planning through shifting income from high to low bracket taxpayer, domestically or internationally. Corporations, LLC’s and trusts can be incorporated into sophisticated asset protection plans to shift income and minimize the overall tax burden of businesses and individuals.
Real Estate Protection Strategies
Some clients own investment real estate such as apartment buildings or commercial properties with significant value. In these cases our approach is twofold: First, it is necessary to minimize potential liability to the client arising from the ownership of these assets. Simply stated, we want to protect the client’s other assets from any lawsuit associated with the property. Second, it is necessary to protect the equity in the property from any type of claim against the client. The legal structure which we create is designed to accomplish these results.
Physicians and other Professionals
Professionals such as physicians, dentists and lawyers face a constant threat of lawsuits–from patients, clients and government agencies. These clients need to protect property in their practice (equipment and accounts receivable) as well as their home, investments and other personal assets.
The asset protection plans which we create are based upon the unique circumstances involved and the privacy and protection objectives of each individual client. Offshore and domestic trusts, family limited partnerships, domestic and international limited liability companies, foreign corporations and private banking arrangements can be used either alone or in combination with other techniques to accomplish these goals. All of our clients deal directly and exclusively with Mr. Mintz. We do not employ any junior associates or paralegals. Services are generally performed on a flat fee basis determined according to the complexity of the matter.