Asset Protection

kids funny homework Professionals, business owners, property owners, and other clients are at risk of losing their hard earned assets through claims such as breach of contract, professional malpractice, corporate officer and director wrongdoing, personal injury suffered on your premises, motor vehicle accident and guarantor liability. We represent professionals, business owners, property owners, and other clients with the goal of protecting their assets against potential litigation, judgments and liens. We can provide guidance for the ways in which clients can protect their property, and information and factors in determining what action is consistent with “Asset Protection.”  The process of conducting Asset Production usually includes valuation of the client’s property, the nature of the property interest, the likelihood of creditors seeking client’s property, the manner of altering title to existing property, the tax consequences, if any, the risks attendant with the protection plan and the potential claim of a fraudulent conveyance and as a result the client being exposed to reversal of the transfer and the potential of compensatory and punitive damages.  Adoption of an acceptable asset protection plan may preserve the client’s property, avoid execution, allow continued use of these protected assets and provide leverage for negotiation of claims.

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