Why are we called “Sudden” Wealth Protection Law?
Because Sudden Wealth Syndrome is real … and it can be devastating to the person experiencing it. With sudden wealth, you often lack context about how hard it was to acquire the wealth and what it means. You also lack preparation on how to manage it.
Sudden wealth can happen in various ways, such as getting an inheritance, winning the lottery, selling a business, or getting a divorce. When a person experiences sudden wealth, it can be disorienting and result in poor decision-making.
If you have experienced sudden wealth, you need specialized help.
The vast majority of families never maintain their financial success beyond three generations. Because you can’t read the label when you’re inside the bottle. You also can’t figure out the next step to grow your wealth and ensure your family’s long-term success without competent help.
Your family’s needs change as you get to the different levels of wealth.Regardless of whether you just became a millionaire, or if you are worth nine figures, or somewhere in between, if you are serious about making and keeping money, then you’ve come the right place. Founding attorney Paul Deloughery has worked with affluent individuals and families since 2004. Over that time, he has seen patterns in the particular needs that people have, depending on their level of wealth. That’s why we have developed specific programs that help you get from one stage to the next. We can get you what you need now, and what you will need as you and your family grow in wealth. The most successful families – those with $100 million or more in net worth – have dedicated professionals helping them. Those professionals fine-tune the wealth management decisions that the family makes and help prepare the next generations to take over. At $50 million, a family qualifies for a Multi-Family Office. An MFO offers professionals who are shared with other affluent families. Below $50,000, most families are left scrambling to find competent help. That’s where a “Virtual Family Office” comes in. With our firm, you get appropriate financial oversight of your assets and assistance in the administration of your assets. We do not sell products.