While many lawsuits are settled on insurance proceeds, this is not always the case. It is important to understand that a plaintiff may try to attach your personal assets to his or her lawsuit. It is also important to understand that lawsuits are not the only way to lose assets. Assets can be lost in divorce, failed business ventures and bankruptcies. As such, asset protection planning is a critical part of your overall estate planning.
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