Asset Protection Services, Plans, Strategies and Consulting
Asset Protection
Asset protection is a legal barrier between creditors and your wealth. A proper asset protection plan performs three primary functions; lawsuit deterrence, settlement negotiation leverage and/or placing your assets out of the reach of the U.S. legal system. Asset protection planning should be performed prior to a lawsuit (or cause of action), however can be implemented at any time. Every situation is different, so we encourage you to call and speak to an asset protection specialist that can help you understand the details.
Why do you need Asset Protection?Avoid a lawsuit altogether. Before you are sued, the chances are that the opposing legal team performed an asset search to locate and value reachable assets. Consider the situation you can put your legal opponent in; he or she wants to sue you, however they cannot locate any reachable assets which means that even a winning judgement could mean little or no payout. Favorable outcome. When you have an asset protection plan in place long before a lawsuit strikes, you're in the most powerful position. This could mean the difference between quickly settling out of court or costly litigation. When your assets are protected, any potential legal opponent has to face the fact that you are no longer an easy target and they must decide how much time and money they want to throw at pursing you. Bulletproof financial protection. The strongest vehicle for protecting your financial future is an offshore trust which simply takes all of your assets out of the U.S. legal system. A creditor that wants to pursue your wealth has to meet nearly impossible measures. You can take advantage of legal systems in a foreign jurisdiction that has favorable statutes that afford you bulletproof protection. |
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