Estate & Asset Protection Attorney, Victoria Collier strongly encourages readers to put an asset protection plan in place before any diagnosis of illness or accident occurs.
DECATUR, GA, September 7, 2018: Victoria L. Collier, founder of The Estate & Asset Protection Law Firm, has posted a new article on her law firm’s website entitled “If Disease Doesn’t Do You In, Disease-Related Financial Disaster Could,” in which Ms. Collier acknowledges a strong desire to “shout from the highest rooftop, “PUT AN ASSET PROTECTION PLAN IN PLACE BEFORE YOU GET SICK!”
According to Collier, “Asset protection is a topic many people avoid until it’s too late.” She continues, “And, by too late, I mean once you’ve been diagnosed with a serious illness requiring treatments that cost a fortune. Cancer is one of those diseases that can ruin people financially.”
“I hear stories everyday about people who had to go bankrupt after or while in the middle of paying their medical bills,” Says Collier. She goes on to say, “It makes me want to shout from the highest rooftop, “PUT AN ASSET PROTECTION PLAN IN PLACE BEFORE YOU GET SICK!” If you never get sick, fantastic, your assets will be available to leave to someone or some organization you love.”
Collier poses a few questions. She asks, “How do you guarantee that your life savings and accumulated wealth will remain yours? How do you survive unexpected medical expenses?” She provides an answer. “Here’s how: Take proactive steps to protect your assets. An asset protection strategy put into place well in advance of the need is your peace of mind against future liability. The key is to get the right information and then to take action.”
As Collier points out, “The single largest source of personal bankruptcies in the United States is debt resulting from medical bills. According to NerdWallet Health, some 57% of U.S. personal bankruptcies can be directly tied to medical bills (and that’s excluding factors such as related job losses, which push the percentage higher).”
The entire article can be read at https://www.elderlawgeorgia.com/if-disease-doesnt-do-you-in-disease-related-financial-disaster-could/
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.