Whether you are sued, run into financial trouble with creditors, or are ending a marriage, the last thing you want to worry about is the safety of your assets. If you leave your assets unprotected, they could be taken in litigation. Don’t endanger your or your family’s financial future by overlooking the need for a Boca Raton, FL asset protection lawyer. Schedule a consultation with Marlon Brammer now so you can start strategizing a plan to safeguard your assets.
What An Asset Protection Lawyer Does
Our asset protection lawyer helps individuals, families, or companies shield their property from lawsuits, creditors, or other liabilities. Assets you may want to protect can be tangible, like property, investments, equipment, or other high-value items. However, assets can also be intangible, such as intellectual property like trademarks, patents, and copyrights. If you own something with significant economic value, consider consulting with our asset protection lawyer to begin strategizing how to safeguard those assets from possible legal claims.
The Duties An Asset Protection Lawyer
Our asset protection lawyer can shield your assets from creditors or lawsuits in several ways. Leverage their expertise to keep you, your company, or your family’s holdings as safe as possible from potential litigation.
- Outline a plan to protect your assets, such as establishing a trust.
- Form an LLC to avoid personal liability as a business owner.
- Advise on purchasing and holding property in your name, under an LLC, or other business structure.
- Prepare for the future with estate planning so your family is safe in the event of death or catastrophic injury.
- Represent you in court to protect your rights in a lawsuit.
- Write contracts designed to protect assets like prenuptial agreements.
- Legally hide your assets.
Anything that has substantial economic value is considered an asset. As a result, there are numerous ways our Boca Raton asset protection lawyer can help you.
How An Asset Protection Lawyer Can Help You
Asset protection makes your property, investments, and other assets less vulnerable to legal claims. Scenarios where this type of attorney is beneficial include:
- Preparing for marriage, especially if you enter the union with more assets than your partner. A prenup can lessen your financial obligations during a divorce.
- Shielding generational wealth by creating trusts or other asset protection plans. Trusts allow you to retain control while designating succession plans that align with your wishes.
- Separating personal liability as a business owner. By forming an LLC, you may lessen personal responsibility if your business is involved in a lawsuit.
- Planning for retirement by sheltering investments.
It is impossible to guard against all legalities. However, working with an asset protection lawyer can lower your risk.
When You May Need An Asset Protection Lawyer
There are several situations where your assets could be in jeopardy. During a divorce, your spouse may have a claim to a portion or all of your assets if there is no prenuptial contract. Furthermore, if you are sued and lose the lawsuit, the complainant may be able to go after your assets if you cannot pay the awarded damages. Filing for bankruptcy or falling into significant debt where creditors are involved may also expose your assets.
You have worked hard for your assets. Don’t leave them open to lawsuits or other claims. Whether you are starting to build your asset portfolio or are planning for retirement, our Boca Raton asset protection lawyer has the knowledge and experience to safeguard your resources. We are centered on you and the things that matter most. Contact Marlon Brammer today to begin strategizing a plan for your assets.
