Asset
protection is
the process of
lawfully
protecting
your assets
from a variety
of expected
and unexpected
claims, both
while you are
living and
upon your
death.
Claims
against your
assets can
emanate from a
variety of
sources.
The most
common is from
creditors
which may
arise from
simple
business
transactions,
from accidents
under
circumstances
where your
liability
insurance is
insufficient
or from failed
marriages.
There
are a variety
of avenues
that our
attorneys may
take in
developing a
plan to
protect
assets.
Some are quite
simple, such
as changing
the title to
assets and
making
transfers, and
some
techniques are
more
sophisticated,
such as
utilizing
trusts.
The
arrangement
must be
carefully
developed in
order to be
able to
withstand
challenges
from the
creditors or
from others.
