Asset protection planning is proactive legal action that protects your assets from future creditors, divorce, lawsuits or judgments. This involves a series legal and lawful techniques that can deter a lawsuit. It can also provide you with settlement negotiation power. Most importantly, it can help prevent the seizure of your assets in the event of a judgment.
Structuring asset protection services is a complicated task that mandates professional guidance. So, our experienced consultants can make assessments to factor in all of the variables that an individual needs and wants. These legal structures and business entities each have performance characteristics that are suitable for different types of assets and values.
Typically we incorporate multiple legal tools for maximum protection. For example, we place corporations inside of LLCs. Land trusts own real property for privacy of ownership. In turn, the LLCs own the land trust for asset protection and lawsuit shielding. Furthermore, we place liquid assets in LLCs housed inside of asset protection trust, for maximum protection. As discussed above, we form the entities domestically or internationally depending on the need and client desire. Then, we assist clients in establishing secure bank and/or investment accounts that provide the right balance of safety and convenience.