About Us
The Wilson Legal GroupWe serve individuals, families and closely held businesses providing expert counsel and litigation defense in the areas of estate planning, asset protection as well as U.S. and International tax. Most of our lawyers are grounded in accounting and many have CPA licenses. The Wilson Legal Group has assembled a team of professionals who can develop state-of-the-art financial strategies for corporations and high-net-worth individuals.
Mission Statement
We aggressively protect the wealth our clients work so hard to build. We use every means afforded by Federal, State and International law to protect assets and income from creditors and minimize corporate and personal income tax.
We help these clients anticipate and manage the
financial implications of concerns such as:
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Taxes — Minimize tax on earned income, minimizing estate taxes and defending disallowed tax
shelter losses
Interpersonal disputes — Business deals gone sour and divorce
Business compliance and continuity — Malpractice suits,
practicing in regulated industries.
Business Services
If a business is successful, its owner has undoubtedly invested time and attention
in customers, professional development and people. What about financial health of
the business? That’s usually placed in the hands of other people (the office staff,
the lawyer, the accountant, the payroll processor, the health and retirement plan administrator, etc.).
In most cases, the business owner maintains a separate relationship with each advisor. Generally, none of these experts talk to each other until there’s a problem. The Wilson Legal Group (WLG) takes a holistic approach, consulting all of a business advisors and using the following techniques and products to maximize the amount of revenue the business owners keep. Our clients pay taxes on what they consume not on what they earn. Their assets are protected from disputes whether business or personal
We provide a wide array of specialized advisory and strategic services for our clients:
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Retirement Plans (401k, Defined Benefit/Cash Balance, ESOP) |
• Options
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Individual Services
Many of our clients live and breathe their businesses. Personal financial planning involves an additional set of considerations. It can be challenging to keep personal taxes to a minimum, fund day-to-day living, and finance the family's future.
You may be concerned with:
• How can I lower my tax bill?
• Will I have enough for a comfortable retirement?
• Can I make sure my spouse is provided for when I die?
• Can my children avoid the estate tax?
We offer these and other services to achieve a total solution for your personal and family finances:
• Limiting Income Tax to Spendable Income |
• Living
Trusts |
- I have a lot of clients that are foreign nationals. Even for my local clients, they are so busy with their lives and their jobs that they don’t do any tax planning and that’s when Walter comes into place. IPI Financial Consultant
- I wanted to offer a comprehensive planning approach to my clients. Walter is an “advisor-friendly” attorney, and I wanted to incorporate his expertise into the toolkit I offer to clients when looking at advanced planning. IPI Financial Consultant
- When a client presents us with a complex business, asset protection, and tax structure Walter is first to my mind to tackle these challenges. CPA - Houston, TX
- I would strongly recommend that you bring one client case to Walter. Give him all the pertinent facts on the client, and he will get back to you within a week, with his recommendations. Ameriprise - Financial Advisor
Meet Our Team
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Walter Wilson
Principal and FounderWalter Wilson, ESQ
Principal and FounderWalter Wilson brings an entrepreneur’s viewpoint to the law. While serving in the Judge Advocate General’s Corps in Wichita Falls, Texas, Wilson was a Forensic Medical Officer representing military hospitals and physicians. After leaving military service, he discovered that doctors live in fear of lawsuits taking their assets – and learned how to insulate 100% of those assets. He heard that most physicians, dentists and other small ancillary health related business owners feel that they’re paying too much income tax – and learned how to lower their tax bills by 50% and put that money into their retirement accounts. In his four decades of this work, Wilson has devised a strategy for selling a practice or business for at least four times the price over just listing and selling it – most of it as long-term capital gains and the rest completely tax free.
Like the entrepreneur clients he serves, Wilson creates systems and solutions that harvest maximum value at every juncture – as you operate your business, when you sell it and when you deliver the fruits of your hard work to the next generation. Wilson studied at the University of Florida, where he earned his bachelor’s degree in political science and his J.D. from the College of Law. He was admitted to the Florida Bar in 1969 and the Texas Bar in 1974. He has taught USAF School of Health Care Sciences, in the dental branch of the University of Texas Health Science Center in Houston and in the practice management track at the University of Houston School of Optometry.
Resources
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01
Jan
Wilson Legal Group Promotional Video
One on one with Walter Wilson [...]
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10
Oct
ESOP: Secret Weapon for Financial Planning
The basic idea behind any ESOP is that common stock (or convertible preferred stock) is distributed to the accounts of employees in a qualified retirement plan and eventually passed on to them at retirement or departure from the firm. [...]
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10
Oct
Texas Series LLC Is Nothing to Fear
The LLC and S-Corp are the most common business forms for closely held businesses, such as medical and dental practices. Both provide the owners a degree of protection from liability and some tax advantages. [...]