Man signing important document. Learn how asset protection is key to your financial future.

Cover Your Assets With the Three C’s

Share this:

If you’ve been putting off the protection of assets, now is the time to take care of it. From potential lawsuits to undue taxation, you don’t want to lose any of your hard-earned wealth if you don’t have to!

At Trajan Wealth, we approach each client’s asset protection strategies individually. To find the right policy for our client, we call out “The Three C’s” – Cost, Complexity, and Control. Let’s take a closer look at what each of those entails. 

What Are Our Three C’s of Asset Protection?

The first thing we want to look at is cost. How much do you want to spend on asset protection? What type of strategy makes the most sense for your circumstances? How about your business? You should feel comfortable and confident about any accompanying fixed fees. 

There are all types of asset protection strategies. How risk-averse are you? Implement the legal structure to provide the protection you want within your comfort level. We can safeguard your wealth with different approaches. From single-member LLCs to offshore trusts, it’s about protecting what you have in the most effective way possible. 

As you look towards the future, chances are you want to retain some control over your assets. Let’s figure out how much and what approach makes the most sense in tandem with your estate planning. 

At Trajan Wealth, we aim to balance these three categories – Cost, Complexity, and Control, to find the type of protection that best serves your needs and those of your business.

Do I Need Asset Protection?

In most cases, the answer is yes; you need asset protection. You never know what life has in store for you. While you might feel confident about your current situation, things can change on a dime. The best thing you can do for your financial security is to protect it. And our fiduciary advisors and expert attorneys can help you do just that. 

The Drawbacks of DIY Asset Protection

The ins and outs of asset legality can get complicated, no matter how you slice it. 

If you try to protect yourself without the help of a professional, you accept the risk of misinterpretation. Unless you’re well-versed in tax law (and even then), we recommend employing a professional attorney to help. Their expertise in asset protection strategies is invaluable, providing peace of mind for you and your heirs.

You worked hard for your wealth — the last thing we want is to see you lose it unnecessarily. 

Determine Generational Destiny 

You’ll thank us later if something unexpected comes up. At Trajan Wealth, we work to make this entire process more straightforward. Our team goes through the details and paperwork in consultation with you, freeing you up to attend to other areas of your business. Work smarter, not harder — that’s our approach. We can even get your heirs involved so they’re knowledgeable about your assets. 

Schedule a consultation with our team, and let’s get this significant financial to-do checked off your list.

© 2024 Trajan® Wealth LLC. Nothing in this blog is intended as investment advice, nor is it an offer to buy or sell any security. Please consult your financial advisor for questions about your personal financial situation. All investments involve risk, including the potential for loss. Trajan Wealth clients and employees may have a position in any of the securities mentioned. Portfolio holdings and other data are subject to change at any time and without notice. Additionally, the above links provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by Trajan Wealth, L.L.C., of any of the products, services or opinions of the corporation or organization or individual. Trajan Wealth, L.L.C., bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. These materials are for informational and educational purposes and are not designed, nor intended, to apply to any person’s individual circumstances. It does not take into account the specific investment objectives, tax and financial condition, or particular needs of any specific person. Please consult with your legal and/or tax advisor before making any tax-related decisions.