Asset Protection Planning allows us to develop estate plans for clients which will protect assets they leave to beneficiaries from the claims of those individuals creditors. With proper planning the assets clients leave to spouses and children may be protected from those beneficiaries’ creditors, divorcing spouses and other financial predators.
Also, helping to protect clients from their own third party liabilities is very important to many in high risk industries like real estate developers, physicians, dentists and others who are at risk of being seriously damaged by a future lawsuit.
Proper entity structures, from corporations and limited liability companies to a variety of trusts, can help protect your assets from frivolous legal claims. We can design structures that will help to protect you and your family from predatory threats.
Asset protection planning enables you to employ legal techniques to prevent a future creditor from seizing your assets and income. Your degree of exposure to risk of liability, the type of assets you own, your income, and your total net worth are essential factors that must be considered in developing a strategy for asset protection. Proper asset protection planning requires client information to tailor the plan to provide the most effective plan possible.
We carefully evaluate all of all client’s relevant information and goals to devise the best possible asset protection plan. Our techniques are carefully formulated to lawfully shelter our client’s assets and income from their potential creditors.