The Benefits of Asset Protection

Asset Protection

Asset protection is an important part of preparing for the future. You want to make sure that your family will be taken care of in case of your death or incapacitation. Here are a few benefits of asset protection.

Protect Your Loved Ones

What would happen to your family if something suddenly happened to you? It’s not something anyone likes to think about, but it’s important to plan ahead. With asset protection, you ensure that your loved ones have access to all the necessary documents and information they will need to live comfortably in the event of your death or incapacitation. Life insurance, in particular, is often left unclaimed simply because the departed’s family is unaware of the insurance or does not have the necessary information to file the claim. Asset protection ensures that your family is able to claim their insurance benefits after your death. With asset protection, you can set up access to your assets to automatically be released to your family.

Store Your Documents in One Place

One of the greatest things about asset protection is its ability to keep all your documents safe in one place. This includes your estate documents, assets, and medical records. Keeping your will and other estate documents in a safe and easy to access location will make things easier for your loved ones after your death. If your family doesn’t have these documents, the decision-making process will be difficult for them. Furthermore, asset protection ensures that things will be handled the way that you would have wanted.

Furthermore, asset protection can also include your personal medical records. In an emergency, you can automatically release your records to the appropriate parties. These medical records can also be extremely useful to your family members. It can even help them to avoid health issues of their own by recognizing patterns that they may not have known about. They will also be able to answer any questions that the doctors may have after your death.

Get Peace of Mind

Document related to estate planning, life insurance, medical records, and assets contain highly sensitive information. With asset protection, you can keep all of these highly important documents in one place with state of the art security. Legacy Armour uses techniques like zero-knowledge encryption and dynamic security site testing. You get to ensure that your information is completely protected until it’s time to release it to the appropriate parties.

There are many benefits of asset protection. Not only can it protect your family in case of an emergency, it can also make sure that all of your important documents are kept safe. Visit Legacy Armour today to learn more about asset protection and how you can protect your legacy.

Everything You Need to Know About Asset Protection

Asset protection

Hundreds of thousands of dollars are lost every year because individuals and businesses do not have asset protection. It’s no wonder that individuals, insurers, and corporations are clamoring for legal and safe ways to protect their finances. Here, we’ll offer a brief overview of everything you need to know to make a wise, legacy-building decision to protect your assets now and for the future generations.

What Is Asset Protection?

Simply put, asset protection refers to a strategy or set of plans to protect wealth and other assets. Asset protection strategies can help keep your wealth where it belongs whether it’s real estate, investments, insurance, business ownership, or goods. It can also protect your personal information like health records and wills.

Why Do I Need It?

Without the right protections, your hard-earned money, property, and belongings can be limitlessly attacked by creditors, especially in cases where unexpected circumstances inhibit your family, loved ones, and decision makers from accessing the appropriate information to manage your affairs. These circumstances – like death, illness, or other forms of incapacitation – often lead to creditors taking investments. In the case of life insurance, it is often the reality that your beneficiaries don’t know how to access it. Securing assets can be as simple as setting up automatic notifications and communication in specific scenarios where you become incapable of carrying out those tasks.

Keep It Simple

Remember that you don’t need an endlessly complex financial labyrinth to keep your wealth safe. Complexity often keeps your assets out of the hands of your loved ones and throws up red flags for creditors to go hard and dig deep. Instead, keep it simple. With Legacy Armour’s simple, unique approach, you’ll keep more of what you’ve built up for the right people.

Don’t Hide Anything

It’s a glamorous and romantic thought to outsmart the law, hide your wealth, and stick it to “the man.” But let’s be real. Talk to any attorney in the field, and they’ll tell you that almost everything comes out eventually. And when it does, you’ll end up keeping less than you would have by being open. Don’t hide. Just be smart and use a simple, robust system to leave a legacy for your family.

Robust Asset Protection

It’s important to remember that asset protection is part of a robust wealth management approach. Legacy Armour’s asset protection services will help get all of your information into the right hands and keep your hard-earned investments where they belong. Add this to your portfolio as a way of ensuring tomorrow today.

Benefits of Corporate Asset Protection

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One of the best ways to protect yourself, your family, and your business is to plan ahead. You may have already taken steps to protect your family in case of your death or incapacity. Have you protected your corporate assets yet? Asset protection doesn’t only apply to the future. You can use corporate asset protection to keep your business safe right now.

Avoid Malware

Did you know that 75% of corporate assets are digital? Digital assets, by nature, are vulnerable to malware that can harm your files if you don’t protect them. Without the right protection, your corporate assets can become targets for information distribution and destruction. Asset protection, however, helps by encrypting your information and defending it from vulnerabilities. You can keep your information safe from hackers, rogue software, and anything else that may try to harm your assets now or in the future.

Designate Your Recipients

Who will take charge of your corporate assets if something happens to you? Have you put a plan in place? Does this person know how to implement the plan? Do you know of anyone who might try to take charge against your wishes? When you use a corporate asset protection service, you won’t have to worry about any of these questions. A protection service gives you the ability to choose one or more recipients for your information. If your assets get released, only your designated recipients will have access to them.

Get It Off Your Mind

Once you set up your service, you can stop thinking about it. Check in on your assets whenever you want to check in, or focus on other things. Asset protection can become a nagging task. You promise yourself that you’ll get to it later, but when “later” doesn’t come, you get more and more stressed about it. Corporate protection gives you the knowledge that you’ve taken care of your assets. You’ll get the peace of mind that you deserve.

The Best in Asset Protection

Are you ready for some peace of mind? Let Legacy Armour help you get the asset protection you need. We offer the best in layered security, and we take every necessary step to keep your data safe. From succession planning to medical records, we provide protection and encryption for all of your most pressing needs. If you’re ready to secure your legacy, start your free trial today. Let us show you the difference that protection can make.