Asset Protection Planning

Asset Protection Planning is a preventive legal estate planning strategy that puts your personal, business and family assets beyond the reach of potential lawsuit creditors before you become the target of a lawsuit. Like fire insurance for your home, it must be put in place before a crisis puts your assets at risk.

"Lawsuit-Happy Society"

We live in an increasingly "lawsuit-happy society." Ninety-four percent of all the world's lawsuits take place in the United States. When properly designed and implemented by experienced legal counsel, an Asset Protection Plan combines the best international and domestic legal strategies. It will effectively render you judgment-proof and your assets worthless to the plaintiff; therefore nothing can be seized to satisfy the creditor's claim.

What Is An International Asset Protection Structure?

The ultimate in privacy and creditor-proof protection can be attained by using an International Asset Protection Trust (APT) in combination with one or more other entities, such as, offshore or domestic corporations, limited liability companies or family limited partnerships. The idea is to "import foreign asset protection law" under U.S. law to use to your advantage. These trusts are a disregarded entity for tax purposes and therefore are very streamlined for your estate plan.

If you want to know more, call for a Free ½ Hour Consultation with Kevin L. Day, Esq. (858) 755-6672