Asset Protection

Protecting Wealth From Creditors And Taxes

Your estate may not end up in the hands of your intended heirs if the government or private parties have claims against those assets. It may be necessary to take additional steps to shield the next generation from taxation and creditors.

The Buffalo estate planning firm of Robshaw & Voelkl, PC, provides sophisticated asset protection strategies to individuals and families in Erie County, Niagara County, Chautauqua County and throughout Western New York.

Arrange a consultation today about protecting your most valuable assets. Call 716-633-4030.

Buffalo Asset Protection Attorneys

Estates of a certain value may be subject to federal estate taxes and New York income taxes. Even if you do not trigger the estate tax, you may need protection from creditors and lawsuits, from gift taxes and capital gains taxes, from Medicaid spend-down requirements, and other threats.

Our knowledgeable lawyers have more than 65 years of combined experience in estate planning, tax planning and asset protection. We conduct a thorough analysis to identify assets that may be vulnerable, and we are familiar with various types of trusts, corporate entities, annual gifting and other opportunities.

We commonly are consulted on how to pass the family home to the next generation, how to accomplish business succession, or how to avoid a big tax hit when inheriting real estate that is not a primary residence. We can also plan for ancillary probate proceedings involving property in Florida and other states owned by a resident of New York, as well as second homes owned in Canada. We are familiar with a number of strategies to protect real property and minimize the taxes on transfer of wealth.

Western New York Wealth Preservation Attorneys

We help clients protect what they have and pass it on to their heirs with minimal exposure to creditors, predators and tax authorities. To discuss customized solutions for your asset base, call Robshaw & Voelkl at 716-633-4030 or contact us online to arrange a free initial consultation.