Asset and Creditor Protection Planning
Asset and Creditor Protection Planning is none of those things. It is the adoption of planning strategies that are designed to lower a person’s financial profile and make them a less attractive target for a lawsuit. The primary effects of Asset and Creditor Protection Planning is to discourage lawsuits, promote favorable settlements in the event a claim arises, and to shield assets if litigation becomes inevitable. Asset and Creditor Protection Planning done well gives the asset owner leverage with which to negotiate a quick and reasonable settlement.
Whether you need Asset and Creditor Protection Planning is not a question of if. It’s a matter of degree. Exposure to creditors comes from the least expected sources. Even the most financially secure are exposed. For example, if you drive a car, have a pet, own property, employ other people, run a business, are prone to declining health, have children, you and your family are exposed to the claims of creditors and should have an Asset and Creditor Protection plan in place.
At Casey Law Group we work with you to determine your sources of risk, evaluate your exposure, assess the appropriate level of protection, and evaluate whether the timing is right. Once the details are clear we will work with you to design, implement, and integrate Asset Protection Planning into the estate planning you should be doing anyway.
Contact us or give us a call. You’ve worked and sacrificed all your life to accumulate wealth for you and your loved ones to enjoy. Now protect it. Asset and Creditor Protection planning can be one of the best investments you ever made. If not for you, then for your family.