Lawsuits are commonplace in today’s society. While many lawsuits are settled on insurance proceeds, this is not always the case and a plaintiff may try to attach your personal assets to his or her lawsuit. It is also important to take note that lawsuits are not the only way to lose assets. Assets can be lost during divorce, failed business ventures and bankruptcies. As such, asset protection planning is a critical part of your overall estate planning.
Our Asset Protection Planning Services include:
- Thorough analysis of a client’s assets and risks as well as customized recommendations regarding techniques to increase asset protection within a client’s estate plan
- Assistance with revising ownership of certain assets to take advantage of protected forms of ownership
- Business entity selection and formation
- Assistance in obtaining appropriate insurance policies