Asset Protection Planning
Asset protection planning is designed to protect your wealth during your life. In order to protect your assets from the risk of seizure by an adverse party, it is essential to organize your assets and affairs in advance. Using the most favorable entities, agreements, and systems of laws, our goal is to achieve the best level of protection that you are entitled to.
At Loss & Pavone, P.C., we will use the best method to accomplish the right asset protection for your unique situation. Planning may include: ownership shifting, statutory exemption planning, and similar techniques available to reduce the exposure of assets and wealth to seizure. This planning may require an agreement plan such as a trust, and the creation of one or more entity (Corporation, Limited Partnership, or Limited Liability Company).
Asset Protection Planning is best when integrated with a complete wealth transfer plan, that may include a will, trust, and ancillary documents.