fbpx
Important disclosure

800-633-3049

Client login

Our 3-point asset protection checklist to help you keep your money safe

by | Mar 28, 2023 | Wealth Management

Asset protection is an important component of financial security. During your financial planning journey, a CERTIFIED FINANCIAL PLANNER™ professional is likely to integrate asset protection into your plan for financial security. This part of the planning process is important for keeping your valued possessions safe in the instance that you or your loved ones were to be subjected to legal or financial threats.

If you want to ensure that your finances are protected, take a look at the checklist below. This list covers just a few of the several ways that your financial security can be safeguarded. 

What can you check off your list to ensure that your assets are protected?

  • Be sure to have insurance — One of the first things you can do to secure your assets is have insurance. Getting insurance can help prevent you from having to cover the costs of lawsuit damages and lawyers.
  • Utilize estate planning — Another way you can protect your assets is through estate planning. A CFP® professional can help you and your attorney plan for after you pass away and prevent your assets from probate.
  • Choose the right business structure — Businesses are also vulnerable to lawsuits and liens that have the potential to directly affect your personal finances. If you own a business, you should be certain that you have the right business entity.

Talk to a ProVise CFP® professional about your asset protection checklist

At ProVise Management Group, our CERTIFIED FINANCIAL PLANNER™ professionals can get to know you and your current financial circumstances, goals, risk tolerance and personal values to help you develop a plan that works for you. We can also create a written plan for you at a fiduciary standard of care. All our written plans come with an unconditional money-back guarantee. If you are unhappy with your written plan, you can return it to us, and we will refund 100% of the fee paid. Our goal is to provide you with the security you are looking for. If you are in need of asset protection, we can give you more than just a checklist to work toward your financial goals.

Are you ready to talk to a professional about making a complete plan for the protection of your assets? Contact ProVise today to schedule a complimentary consultation.