Whether you are completing your estate planning documents, recently acquired valuable assets, or want to take protecting your assets more seriously, working with an experienced attorney for asset protection in Lancaster, PA is essential. At Bellomo & Associates, LLC, we are able to work with clients of every age and in every life situation to plan for the future and protect what they have now. Planning proactively is easier and more cost-effective than waiting to react later, and our team is here to help you.
What Is Asset Protection?
Protecting your assets is critical, whether you have a lot to protect or only a minimal amount. Today’s world can be very litigious, which means that taking proactive steps to guard your assets is critical. Asset protection is one method that can be used to limit your liability and reduce common vulnerabilities that can happen due to creditors or a lawsuit. While this type of planning is commonly used by business owners and those with a large amount of assets or liability, it can be useful to many people who want to better control their risks.
How Does the Law Allow for Asset Protection?
There are many different free, legal provisions available for asset protection in Lancaster, PA. Unfortunately, many people never get to take advantage of them because they don’t know that they exist in the first place. We know the many different ways that you can mitigate risk and take steps to protect what is yours. Working with an attorney is often the only way that many people discover the options available to them.
Asset protection often incudes two components, protecting your assets and belongings from threats while you are living and protecting what you will leave behind to your beneficiaries and family after you are no longer here. We can help with your asset protection planning and estate planning to ensure that your interests are protected as completely and thoroughly as possible.
What Can Asset Protection Planning Include?
When you work with our team for asset protection in Lancaster, PA, your planning process can include a broad range of things, including:
- Asset protection for long-term care, so that you can still meet eligibility for needs-based programs like Medicare without needing to liquidate all of your assets
- Estate planning using wills, trusts, and other vehicles to guard your belongings and ensure that they go where you want them to
- Incapacity planning, which can help determine the best path forward in the event that you are temporarily incapacitated or unable to make decisions on your own behalf
- Estate recovery protection so that your assets are not unnecessarily lost in the event of your passing
- And more!
If you want to feel confident in your ability to thrive in the future without losing your assets, our team for asset protection in Lancaster, PA is here to help. We offer consultations designed to pinpoint your exact needs and talk through the details with you so that you make fully informed decisions that you are confident in.
Where Can I Find Asset Protection in Lancaster, PA?
Bellomo & Associates, LLC is proud to be a trusted asset protection attorney in Lancaster, PA. We know how stressful and emotional the estate planning process can be, so we simplify the process and work hard to get your documents prepared in an efficient fashion. We have assisted local residents in transferring their assets and completing the estate planning process for over a decade, and we work hard to keep our great reputation in the community. We are both thoughtful and effective. To schedule your initial consultation or learn more, call us today at (717) 845-5390.
Jeff provides pertinent, interesting, & necessary information in a way that captures his audience.
Jeff is knowledgeable in what he speaks about the law, and how it effects every day events- and how to go about taking necessary steps.
I dreaded the thought of estate planning and put it off for years. To my pleasant surprise, working with Bellomo & Associates was wonderful. The process was efficient, all of my questions were answered and the cost was reasonable.
Outstanding knowledge of estate planning with clear, concise communication. Who knew estate planning could be enjoyable?
I have been a client and personal friend of Jeff Bellomo for over 10 years. He is professional and his expertise in elder law is superb. I highly recommend anyone with any issues regarding elder law to seek his help. I guarantee you will be more than satisfied.