Some of the wealth protection strategies we provide for our clients address the following risks:

  1. Loss of market value of estate assets transferred to heirs due to estate taxes

  2. Lawsuits and creditor claims on your assets

  3. Loss of estate assets transferred to beneficiaries due to spendthrift spouses of your children

  4. Loss of estate assets from deceased spouse due to remarriage

 

Some of the risk management solutions to these and other problems are the following:

  1. Using life insurance within an ILIT to replace estate and income taxes paid by heirs

  2. Using domestic asset protection trusts (DAPT) to protect assets from claims of creditors

  3. Using sufficient property and casualty insurance coverage and umbrella coverage to mitigate loss of assets in a catastrophe

  4. Use of separate property trusts to maintain property transferred to children as separate property to help protect them from spendthrift spouses

  5. Use of pre-nuptial agreements for second marriages to protect from spendthrift second spouse

 

W E A L T H   P R O T E C T I O N   S T R A T E G I E S

Securities offered through Gradient Securities, LLC (Arden Hills, MN 866-991-1539).   Member FINRA/SIPC.  Investment advisory services offered through Cornerstone Wealth Advisors, Inc., a California and Texas Registered Investment Advisor. Gradient Securities, LLC and its representatives do not render tax, legal, or accounting advice.  Insurance products and services are offered through Michael Sellman, Independent Agent.  California Insurance License number 0G40881.  Cornerstone Wealth Advisors, Inc. is not affiliated with Gradient Securities, LLC. Gradient Securities, LLC and Cornerstone Wealth Advisors, Inc. are not affiliated with the Social Security Administration or any government agency. The presence of this website shall in no way be construed or interpreted as a solicitation to sell any products or services to any residents of any state other than where legally permitted. Check the background of this investment professional on FINRA's BrokerCheck ».

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