Why You Need Protection

Asset Plrotection is most frequently undertaken to ensure that personal assets stay in your possession until you are ready to pass them on to an heir. A well-crafted Asset Protection plan also provides these additional benefits:

1. Discourages lawsuits by demonstrating that personal assets cannot be legally seized. If assets can't be legally seized, a plaintiff will likely avoid the unnecessary expense of pursuing a case or collection effort that they can't win. By preventing one lawsuit you could easily pay for the lifetime cost of creating and managing an Asset Protection plan.
2. Settle lawsuits faster because a potential plaintiff becomes convinced that your protective measures are impermeable, enabling you negotiate from a position of strength to achieve a fast, inexpensive settlement and avoid a potentially long, time consuming and costly court battle for all parties.
3. Reduce insurance costs by enabling you to distribute liability coverage over several layers of protection. Asset Protection practices are not a substitute for insurance—but they can provide insulation for high-risk professionals and business owners and reduce the level of traditional coverage carried.
4. Improve financial planning by reducing estate taxes, improve your estate plan, and possibly even grow your investments. Asset Protection is an essential component to any financial plan.
5. Judgment-proofing your assets to protect you in the event that you do lose a legal challenge through the use of legal tactics that shield select assets even from a court order.

CHOOSE THE RIGHT ASSET PROTECTION ATTORNEY!