July 8, 2004 --  Financial planners carry the responsibility of building clients’ estates over time. We use 401(k) plans, pension and profit-sharing plans, IRAs, 529 plans, long-term care insurance, disability and life insurance as tools in building our clients’ net worth.  However, while our clients expect to receive the aforementioned services, they tend to overlook one of the most integral facets of financial planning—asset protection.

Consider the following quote from Ralph Waldo Emerson: “It requires a great deal of boldness and a great deal of caution to make a great fortune, and when you have got it, it requires ten times as much wit to keep it.” 

As planners, we must consider the litigious society we currently live in.  Our clients risk the loss of a lifetime of hard work and financial planning because of a lawsuit that can inflict financial destruction on an estate.

Asset protection applies to the process of protecting your wealth from unknown and potentially overzealous creditors. Some of the ways we can help protect our clients’ wealth include:  qualified retirement plans, life insurance and annuities, disability and long-term care insurance, trusts, property ownership, and homestead exemption.

Call Doug Hall or Vicki Dworski, Asher Financial Advisors, at 215-564-1900 to learn more about asset protection.

Securities offered through 1st Global Capital Corp. Member NASD, SIPC. Investment Advisory Services offered through 1st Global Advisors, Inc. 8150 N. Central Expressway, Suite M-1000. Dallas , TX 75206 , 1-800-959-8440 . We currently have representatives licensed to offer securities in the states of PA, CA, NJ, NY, TN, DE, FL, OH, CT, and MD, and licensed to offer investment advisory services in PA. This is not an offer to sell securities or provide investment advice in any other state or jurisdiction.

Back to News Archive