Managing risk can take many forms. At Bailey Wealth Advisors, we take a proactive approach to reducing risk by offering a variety of programs designed to protect you and your family now and in the future, including but not limited to:
Estate/Asset Protection – Utilizing various organizational structures and trusts, we develop strategies that can shield you, your family and your assets from litigious claims, taxes and improper management.
Disability Insurance – Disability income insurance provides supplemental income to an individual whose earnings have been impacted due to an accident or illness.
Long-term care – Long-term care insurance provides you with day to day assistance when a serious illness or disability renders you unable to care for yourself, whether physically or cognitively, for a lengthy period of time.
Life insurance – Life insurance is often purchased to replace income that potentially can be lost with the death of a wage earner. Life insurance policies work from the same basic idea - they help protect the financial security of your family in the event of your untimely death.
Estate/Asset Protection Strategies
Protecting assets requires long-term thinking and seasoned experience in understanding how to leverage estate planning opportunities for you and your family. Our specialists can help you design strategies that consider:
- Property ownership alternatives include: Trusts, LLCs, FLPs, Charitable structures
- Appropriate corporate structures
- Estate tax reduction techniques
- Insurance analysis
- Qualified plan distribution alternatives
- Family-gifting strategies
- Charitable planning
- Employee stock options