Wealth Preservation & Asset Protection
Fort Lauderdale Asset Protection Attorney
We live in a highly litigious society, with people suing one another over just about anything you can imagine, including whether their morning cup of coffee was too hot. Worse, you never know what a jury will decide, no matter how frivolous the lawsuit may appear.
It is important to note that certain people are far more vulnerable to lawsuits than others. These include professionals such as doctors, dentists, lawyers and accountants; business owners; real estate professionals; and property owners. In these situations, assets are vulnerable to a number of attacks, including:
- Professional malpractice liability
- Personal liability of corporate officers and directors
- Lawsuits by former business partners
- Personal injury suffered on your premises
- Personal injury resulting from a motor vehicle accident
- Liability as guarantor for the debts of another
- Liability arising from misconduct
As Fort Lauderdale asset protection attorneys, we have the experience and technical expertise to protect your hard-earned assets against threats posed by lawsuits, creditors and outright fraud.
Safeguarding Assets from Creditors
If a creditor sues a person who has placed his or her assets into a trust, foundation or other protective entity, they may not be able to obtain the assets? Why? Basically, entities such as these can alter the ownership structure of the assets involved. That is, the person being sued does not technically own the assets. Another benefit of holding assets in protective entities such as these is that they may not be considered countable as part of the estate and therefore not subject to estate tax.
As Fort Lauderdale asset protection attorneys, we are knowledgeable in a wide range of proven, ethical asset protection tools and strategies, and possess the experience to determine the approach best-suited to meeting your needs and achieving your goals. Asset protection tools we can put to work for you include:
- Domestic and offshore trusts
- Domestic and offshore business entity formation
- Shifting assets to states where certain assets are less vulnerable to attack
- Pre and post-marital agreements