Asset Protection
Real Life Stories
Mr. Doe operates a trucking company as a sole proprietor. One of his employees gets into an accident with several cars ending with fatalities. View Story
Many of us worked a lifetime to build a business or accumulate assets. We want to protect those assets. Asset protection law deals with legal techniques that protect assets from exposure resulting in loss from frivolous lawsuits, divorce, economic downturns, or loss of government benefits. There are many strategies utilized to plan around these risks: trusts, corporations, limited partnerships, structuring and re-titling of assets, and change of situs, all of which can be done in an effective and legally compliant manner. It is important to understand that these strategies must be implemented in a timely manner so assets can be protected properly, otherwise, a court may reverse fraudulent transfers of assets.