“Preventing is better than fixing”
Thanks to modern technology identity theft is now pervasive. Credit cards, debit cards, and bank accounts are now routinely compromised, created, emptied, or used without your permission. Typically, identity theft services available to you are limited to detection - not prevention. Prevention advice is usually limited to not sharing your personal information
This advice is inadequate to protect your assets. Your personal information is already with your bank, doctor, dentist, credit card company, financial planner, and their support staff. Your personal information can also be compromised by internet scams and other hi-tech schemes.
Don't wait. Contact our Hudson Valley estate planning attorney today for more information!
An Identity Theft Prevention Trust gives you the opportunity to prevent identity theft instead of detecting identity theft. By preventing identity theft your assets are not jeopardized. This Trust can be used as a barrier so that your assets are separated from your personal information.
This barrier is designed so that in the event a person obtains your personal information and attempts to defraud you, they will not be able to access the accounts and assets in your Identity Theft Prevention Trust. A theft is prevented and there is nothing to detect or recover from.
Take advantage of an Identity Theft Prevention Trust. Create a barrier between your personal information that is easy to obtain and your assets. You will have complete control and access to your assets but have hidden your assets to others.