Asset protection is the legal process of protecting your assets from the claims of creditors. Although it is often treated as a separate area of law, many aspects of this should be incorporated into other practice areas. For example, the Venn diagram of estate planning and asset protection has substantial overlap. This should be obvious […]
Introduction to Asset Protection
What is Asset Protection? It is the process of legally safeguarding your assets from future creditors. Put more generally, you’re protecting your future from risks you haven’t encountered yet. Asset Protection Rules You can’t do much to protect from a creditor you already know of. Hiding your assets is never the solution. Nothing is guaranteed […]