When it comes to Financial Planning and Asset Protection there are multiple of solutions and combinations of solutions available at your Financial Professional\u2019s fingertips. First, it\u2019s most crucial to define how much risk you feel comfortable taking versus how much you need to take in order to meet your goals and building an appropriate portfolio around your needs and goals. There are a broad range of investment vehicles ranging from virtually no risk like a bank CD or Government Bond all the way to highly speculative investments which have high risk but also \fhigh reward which is why it\u2019s important to consult with an investment professional to understand what is right for you. [mk_page_section bg_image=”http:\/\/frontrangefinancial.com\/wp-content\/uploads\/2018\/10\/pexels-photo-1047958.jpeg” bg_color=”rgba(10,10,10,0.6)” blend_mode=”darken” bg_position=”center center” bg_repeat=”no-repeat” bg_stretch=”true” sidebar=”sidebar-1″][vc_column][mk_padding_divider size=”250″][mk_fancy_title tag_name=”h1″ color=”#ffffff” size=”40″ font_weight=”600″ font_family=”none”]Asset Protection[\/mk_fancy_title][mk_padding_divider size=”30″][\/vc_column][\/mk_page_section][vc_row][vc_column][mk_padding_divider][vc_column_text css=”.vc_custom_1541618073581{margin-bottom: 0px !important;}”] Be Forward Thinking This is an extensive subject that can mean vastly different things in different financial scenarios. In the simplest terms, asset protection is the process of structuring your assets to minimize the ups […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/frontrangefinancial.com\/wp-json\/wp\/v2\/pages\/22"}],"collection":[{"href":"https:\/\/frontrangefinancial.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/frontrangefinancial.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/frontrangefinancial.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/frontrangefinancial.com\/wp-json\/wp\/v2\/comments?post=22"}],"version-history":[{"count":7,"href":"https:\/\/frontrangefinancial.com\/wp-json\/wp\/v2\/pages\/22\/revisions"}],"predecessor-version":[{"id":348,"href":"https:\/\/frontrangefinancial.com\/wp-json\/wp\/v2\/pages\/22\/revisions\/348"}],"wp:attachment":[{"href":"https:\/\/frontrangefinancial.com\/wp-json\/wp\/v2\/media?parent=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n<\/span>[\/vc_column_text][vc_column_text css=”.vc_custom_1541618131820{margin-bottom: 0px !important;}”]\nPersonal & Business Assets<\/h3>\n
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On the other hand, if you are wise enough to start planning early, there are a variety of things to consider when attempting to protect yourself down the road. One key concept is the segregation of personal and business assets. If you are self-employed, or a partner or owner in a business, it is crucial that you keep all personal assets separate from the business entity, both legally and logistically. Legal trusts can also be a particularly effective tool in this regard, which provide a legal arrangement to compartmentalize assets. By ceding control of certain assets to the trust, they will no longer be vulnerable to indirect creditors. Offshore trusts are somewhat notorious for their role in asset protection, although, in actuality, there are many legal processes for repatriating money, especially if you remain physically in the country. This means that anyone considering offshore trusts as part of their financial plan needs to engage in some careful planning with an offshore trust expert. Finally, a vast array of insurance products exists to cover practically any financial liability you can imagine, so no plan is complete without reviewing your overall insurance needs.<\/span>[\/vc_column_text][mk_padding_divider][\/vc_column][\/vc_row][vc_row][vc_column][vc_cta h2=”Make an Appointment with a Financial Advisor” color=”white” add_button=”right” btn_title=”CALL NOW” btn_style=”flat” btn_shape=”square” btn_color=”white” btn_link=”url:tel%3A3037944084|||” css=”.vc_custom_1538603226363{background-color: #67c146 !important;}”]Meeting with a Front Range Financial advisor is an important first step towards securing your financial future. It is an opportunity to get to know an advisor and share your goals and aspirations.<\/span>[\/vc_cta][mk_padding_divider][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"