Call for a free consultation: 941-365-0118 941-365-0118

Picture

ASSET PROTECTION

Asset protection planning is as valid an area of practice as any other type of estate or business planning, and requires knowledge of the intricacies of the various exemptions from creditors (tenancy by the entireties, annuities, insurance, wages); IRA and qualified plan benefits protection; asset protection afforded by Florida business entities (LLCs, corporations, partnerships) considering the type of potential creditor (inside creditors of the entity vs. outside creditors of an owner); domestic asset protection trusts; homestead creditor issues; fraudulent transfer considerations; charging orders and collection issues; and sometimes relationship planning (prenuptial and postnuptial agreements, spousal rights).

Effective asset protection should rely on tried-and-true legal strategies, and should be integrated with your legal and financial planning.

Please refer to Table of Contents Section 31 of the website page titled “Book: Florida Estate and Financial Planning” for specific areas of asset protection planning.