Taking the next step from collegiate athletics to professional athletics is an incredible opportunity, but also a massive undertaking. It is often the case that athletes rely on a team of representatives to guide them through this transition. In many ways, taking that next step is about training for life. A life-changing increase in income mixed with youth and inexperience is something that is better off when managed, not simply left to chance. Frankly, it is simply unfair to expect that anyone, much less someone with a heightened level of public scrutiny like a professional athlete, should be able to navigate the process of estate management, legacy protection, and family planning on their own. And it’s simply absurd to expect someone to manage that process during a high-income career that often comes to a screeching halt before the age of 30. Below are some important reasons for athletes to consult with a family lawyer prior to entering the world of professional athletics.
Prospective Protection Limits Exposure
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