Our firm has extensive experience working with companies and high net worth individuals offering legal advice and guidance for protecting financial assets. Our goal is to provide you with the legal solutions you need to protect your wealth from the unforeseen challenges that present themselves such as creditor litigation, lawsuits, recession and other financial challenges.
The thought of having to protect your assets from an uncertain future may be one of the furthest things from your mind. However, risk management begins with the realization that even in the presence of the highest level of preparedness and planning, your business and/or personal assets may be at risk if you experience a negative event such as a divorce, a bankruptcy, a lawsuit or other financial challenge. Unfortunately, bad things do happen and ensuring that your assets are adequately protected is the only way to ensure that you aren’t left in a vulnerable financial position.
During bankruptcy proceedings, certain assets can be exempted under various state and federal laws. Our firm can help identify potential exemptions as well as how to convert assets to exempted status.
Our firm can assess your company’s current legal structure to determine whether or not a change in structure to a limited liability structure may be beneficial. Limited liability partnerships and corporations provide both asset protection as well as tax benefits to most business owners.
One of the main ways that businesses protect their assets from a range of perils is with insurance coverage. Our firm can assess your current insurance coverage and determine whether or not there is adequate coverage for your needs. You may be lacking specific coverage that you may believe is covered under an existing policy when, in fact, they are excluded. We can identify potential gaps in coverage and make recommendations for how to best close those loopholes.
The easiest way to begin auditing your assets and taking the steps necessary to protect them from life’s inevitable pitfalls is to schedule an appointment with our firm and let our experienced legal team review your current situation. We can identify potential trouble spots and help you protect those assets from risk. Make your appointment with our firm today.