Asset Protection

Experienced Attorneys in Houston, Texas

Asset protection is an essential part of any well-developed estate plan. You have worked hard to generate and preserve your wealth; make sure that your estate plan will protect this wealth for future generations.

At the law office of McCulloch & Associates, we provide effective legal representation for people in the Houston area. Contact our offices today to schedule a confidential consultation.

Experienced Attorney and CPA Providing Effective Advice

Lead attorney Thomas W. McCulloch is licensed in Texas as a Certified Public Accountant. His knowledge of financial matters combined with more than 30 years of experience as an estate planning lawyer makes him uniquely qualified to advise clients regarding effective asset protection strategies.

Using a Variety of Asset Protection Strategies to Serve Our Clients

We routinely use a variety of strategies to ensure that our clients' wealth is effectively preserved.

• Estate Tax Planning: The laws governing estate taxes are an important topic in the areas of estate planning and asset protection. Although the current taxes are set to expire in 2010, they may return in 2011 at much higher rates. As part of an effective estate planning strategy, it is important to be prepared for all contingencies.
• Trusts: Many different types of trusts can be used as part of an effective asset protection strategy. Living trusts can help you avoid the expense and hassles of probate. Charitable remainder trusts, in certain circumstances, can help you increase your current income while avoiding capital gains taxes.
  Life insurance trusts can be an effective way to avoid estate taxes and ensure that all monies go to your heirs and not the Internal Revenue Service (IRS).
  
• Medicaid Planning: Effective Medicaid planning can ensure that you do not have to surrender all of your assets to a nursing home before you are eligible for government assistance. Effective planning can also protect your spouse, so that he or she is not left without any financial resources, in the event that you must enter a nursing home.

Contact Us to Discuss How You Can Protect Your Assets

The specific strategies that are appropriate for you will depend entirely upon your individual circumstances and needs. Our attorneys have the knowledge and experience necessary to effectively advise you, with regard for your particular situation.

Contact our offices today to schedule a confidential consultation with an experienced lawyer regarding asset protection strategies.