Estate & Asset Protection Attorney, Victoria Collier talks about the litigious nature of our society and encourages asset protection planning for everyone, not just millionaires.
DECATUR, GA, April 19, 2018: Victoria L. Collier, founder of The Estate & Asset Protection Law Firm, has posted a new blog on her law firm’s website entitled “Not Considering Asset Protection Is Risky Business.” Ms. Collier says that there are asset protection plans for every level of wealth and that it’s a must for everyone.
Collier writes, “We live in the US which is where 4.4% of the world’s population lives, along with 80% of the world’s lawyers, and where 96% of the world’s lawsuits are filed.” She continues adding, “Exposing your family to danger is not necessarily on your list of things to do. In fact, we typically do everything in our power to protect our families and minimize exposing them to danger. But, only the wealthiest people ever consider asset protection.” She emphasizes, “ And, that needs to change.”
Collier points out that, “Not having an asset protection plan in place is equivalent to exposing yourself and your family to the whims of the litigious. And that is without question — risky business.”
“You’ve worked hard to accumulate what you have,” Collier says, “and you want to make certain that some unforeseen event will not come along wipe out everything. And, rest assured, asset protection plans are not just for millionaires. There are varying levels of asset protection planning depending on how much wealth you have accumulated including equity in your home, vehicles, bank accounts, investments or any kind of property or business holdings.”
According to Collier, “If you own a car and have a standard liability insurance policy, understand that that is a single layer of protection. Should you be at fault in an accident that exceeds your coverage limits, everything you own is exposed.” She continues adding, “The same goes with business liability and being a homeowner. Think of asset protection as proactive protection for what you have accumulated.”
The entire blog can be read at http://www.elderlawgeorgia.com/not-considering-asset-protection-is-risky-business/
About Victoria Collier
Victoria L. Collier, CELA founded The Elder & Disability Law Firm of Victoria L. Collier, P.C. to serve the legal needs of seniors when their health care needs increase. Victoria is also Co-Founder of Collier Scott Financial Solutions, LLC. At both firms WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability.
Victoria enlisted in the U.S. Air Force during Desert Storm, 1989-1995, and also served in the U.S. Army Reserves, 1Lt. 2001-2004, JAG Corps. Victoria is a national expert on the VA Wartime Pension for veterans and their widows who need additional assistance with activities of daily living and helping them qualify for and receive tax-free income from the VA to pay for it. Victoria graduated from Valdosta State University with a B.A. in Psychology and then University of Nebraska, College of Law. In 2014, Victoria was awarded with the Alumni Master Award from the University of Nebraska.
Victoria is a Certified Elder Law Attorney through The National Elder Law Foundation and has been named as the only attorney in Georgia as “Fellow” of the National Academy of Elder Law Attorneys (NAELA). Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit. Victoria has co-authored several books: Blooper Episodes in Estate Planning, Don’t Go Broke in a Nursing Home, and Protect Your IRA: Avoid the 5 Common Mistakes. Most notably, Victoria co-authored the National Best Seller, The Road to Success, with Jack Canfield, author of Chicken Soup for the Soul series.
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Victoria Collier has grown her law practice and financial services practice by providing excellent customer satisfaction with personalized wealth protection plans.