Asset Protection Planning
Our attorneys assist physicians, dentists and other high net-worth individuals, as well as people from all economic backgrounds, with asset protection planning by endeavoring to limit exposure of clients’ personal and business assets to the future claims of creditors. Asset protection planning is frequently, although not exclusively, achieved concurrent with estate planning since the common goal of wealth preservation encompasses both disciplines. When undertaking any asset protection planning, it is critical for clients and attorneys not to run afoul of fraudulent transfer laws, and we strictly adhere to our ethical duties and responsibilities in advising clients regarding making property transfers.
Techniques we often recommend include the following:
- Re-titling and Gifting of Personal Assets and Real Property
- Declarations of Homestead
- Nominee Trusts
- Family Limited Partnerships and Limited Liability Companies
- Spendthrift and other Asset Protection Trusts
- Life Insurance Trusts
- Annuities
- Retirement Plan Contributions
- Pre-Nuptial Agreements and Post-Nuptial Agreements
Asset Protection Peace of Mind
“What do we really want to do with the assets that we have? We worked so hard for them, we want to make sure that they are safe for our children.”
-Diane
FREE CONSULTATIONS
When undertaking any asset protection planning, it is critical to understand tax and property transfer laws. Attorney John D. Shea and his team can help you navigate the “rough seas” of complex legal and tax issues.
Our attorneys can answer any preliminary inquiries and set up a meeting to uncover what your needs are.
CALL US TODAY 774-316-4724