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What Is "Family Protection Planning?"

couple_dreamingFamily Protection Planning is our unique process designed to give you the maximum legal protection from the risks that might prevent you from living the life you’ve worked so hard to build.

We reinvented several legal disciplines and integrated them to create an entirely new approach to legal planning. The result is more control over your affairs, more peace of mind, and more protection than you can get anywhere else using traditional legal planning methods. Our process is designed to give you clarity about where you are, where you want to go, and how best to get there. The result is the best legal protection available, but with a cost-effective and flexible approach.

We've realized that the traditional approach to legal planning suffers from two major flaws. First, the focus tends to be on documents or techniques that are presented as "all-or-nothing" decisions. Second, those techniques often require what we call "artificial accuracy." In other words, clients are often asked to plan the future in more detail than they really care for. There is really no reason to do it this way. The traditional approach is based on the premise that clients will prepare a plan and then stick it in a drawer for several decades until they pass away. Lawyers force the "all-or-nothing" approach, because they believe they'll only get one shot at the plan. Our process is completely different. Our plans are modular, scalable and flexible. They are dynamic and designed to change over time. A PrivateCounsel Family Protection Plan is one that grows when you grow, changes when you change, and protects you, your family, and your family's resources.

To achieve that result, we've developed several proprietary legal strategies. We've also re-engineered the legal planning process in order to make it more efficient. After all, doing "everything" can get expensive. Our process makes sure that it is no more expensive than it has to be.

A Family Protection Plan May Include...
Estate Planning

Traditional Estate Planning is about avoiding probate, lowering estate taxes, and making sure the right people get your property when you die. A Family Protection Plan includes all of that, and so much more.

Asset Protection

You’ve worked hard to get where you are, and you’re going to continue to work hard in order to get where you are headed. It’s not about accumulating “stuff.” Rather, you recognize that a worry-free retirement requires that you have a certain amount of resources set aside. However, lawsuits are a threat to those resources. Without asset protection, there is no such thing as a worry-free retirement.

Elder Protection

A Family Protection Plan includes protection from predators, incapacity and disability. We put a plan in place to ensure that your affairs are managed by someone you trust and according to your instructions. If you become disabled, you plan ensures that you are cared for in the manner and location of your choosing. We also help you optimize the use of your resources and government benefits in order to prevent you from being financially wiped out by long-term care expenses.

Wealth Planning

Families with larger estates face additional tax burdens. For these families, we design the Family Protection Plan so that estate taxes are minimized and - in most cases - completely eliminated.

Special Needs Planning

If you have a family member with special needs, it is important to make sure that you make sure that you leave their inheritance properly protected. A Special Needs Trust can ensure that the funds are available to the child without causing the child to lose important public benefits. It also makes sure that the funds are properly managed to last as long as possible, and without placing an undue strain on your other children.

Children's Protection

Parents of young children have to take special precautions to make sure that the children are protected if mom and dad are not available to make decisions for them. In the case of a temporary unavailability, such as a vacation or a hospital stay, there should be someone authorized to take care of the children and make emergency medical decisions. If both parents pass away, it is important to have nominated a guardian and set up instructions as to how the children should be raised.

Gun Trusts

Gun Trusts, also known as Firearms Trusts, NFA Trusts, Class 3 Trusts, or Firearms Revocable Trusts, are an excellent way to legally purchase and own a Title II Firearm sold by Class 3 dealers as well as regular firearms.

A Class 3 Dealer sells Title II Firearms which are defined to include a machine gun, silencer (suppressor), short-barreled shotgun or rifle, destructive device, and an AOW (any other weapon.)

A Gun Trust can help you overcome situations where the Chief Law Enforcement Officer in your area is reluctant or unwilling to sign an ATF Form 4 or Form 1. There are many other benefits to using a Gun Trust to purchase your firearms including protecting others, like a spouse, child or friend, from issues of constructive possession or other violations of Federal law. A Gun Trust can allow other people to be authorized users of your Title II firearms without violation of the National Firearms Act.

A Gun Trust is a very special type of trust that has been created to deal with the unique issues of firearms purchases, ownership, transfer, possession, and use of firearms. This Gun Trust is designed to deal with regular firearms as well as Title II firearms and is quick and easy to create.