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Asset Protection Planning

           
     Asset Protection Planning is sometimes a subset of Estate Planning.  At other times, Asset Protection Planning is a separate matter that does not arise in connection with Estate Planning. The primary purpose of Asset Protection Planning is to protect the client’s assets, within the confines of applicable law, from involuntary creditors such as judgment creditors and from frivolous lawsuits, by making the client a less desirable target.  Ideally, Asset Protection Planning is implemented when the client has no existing or foreseeable claims.  But, the ideal situation is not always reality, and Asset Protection, in many instances, is implemented notwithstanding the presence of existing or foreseeable claims.

     Some of the Asset Protection Planning services we offer are as follows:

                ·                  Use of Statutory Exemptions
                ·                  Use of Homestead Exemptions
               
·                  Limited Liability Companies
               
·                  Limited Liability Partnerships
               
·                  Offshore Trusts
               
·                  Domestic Irrevocable Trusts
               
·                  Private Annuities
               
·         Commercial Annuities

Estate Planning | Asset Protection Planning | Taxation | Probate | Guardianship
Estate Administration | Elder Law | Special Needs Trusts - Medicare Planning
 Business Law | Employee Retirement Plans | Real Estate 

 

 

 




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