Asset Protection
Proactive asset planning is a systematic arrangement of your assets to minimize the possibility of creditor or predator attacks. You may spend substantial amounts of money defending yourself from these unwanted claims. Due to an actively increasing concern for lawsuits, asset protection planning is becoming a necessity.
We provide guidance to individuals and families who face high-risk situations and then design effective asset protection plans to guard against future liabilities. With years of experience in estate planning, business law, and tax law, we are able to use various techniques to minimize the risk posed by potential predators and protect your privacy.
Without proper planning, your business and personal assets are vulnerable to loss from fraud, accidents, bad business deals or frivolous lawsuits. We can help you shield your wealth from common financial risks such as:
We provide guidance to individuals and families who face high-risk situations and then design effective asset protection plans to guard against future liabilities. With years of experience in estate planning, business law, and tax law, we are able to use various techniques to minimize the risk posed by potential predators and protect your privacy.
Without proper planning, your business and personal assets are vulnerable to loss from fraud, accidents, bad business deals or frivolous lawsuits. We can help you shield your wealth from common financial risks such as:
- Professional malpractice liability
- Personal liability of corporate officers and directors
- Lawsuits by former business partners
- Personal injury suffered on your premises
- Personal injury resulting form a motor vehicle accident
- Liability as guarantor for the debts of another
- Liability arising from misconduct
We understand that insurance alone will not adequately protect you from the threats above. That is why we work directly with our clients to implement proven, legally-sound strategies that will help preserve their wealth and safeguard their assets. Such strategies often include the use of special trusts, business entities and other legal agreements.
We can also help you protect your finances, real property and other assets in such a way as to minimize their exposure to potential creditors. When your wealth is shielded by a trust or other entity, creditors will be dissuaded by the fact that you own very little assets under your personal or business name.
We also assist clients needing asset protection in the following areas:
- Domestic and offshore trusts;
- Domestic and offshore and domestic business entity formation;
- Exempt asset protections under state law; and
- Negotiation and preparation of pre and post-marital agreements
Considering our many contacts in the Financial and Banking Industry, we are able to provide our Clients with trustworthy sources to meet their needs, be it domestic or offshore.
The Wealth Solutions Counsel is a practice group of Keith, Miller, Butler, Schneider, and Pawlik, PLLC. The Wealth Solutions Counsel assists clients with Estate Planning, Wills and Trusts, Wealth Preservation, Asset Protection, Planning for Children, Estate Taxes, Tax Law, Tax Preparation, Business Law, Business Succession Planning, Special Needs, and Probate and Estate Adminisration, in Rogers, Fayetteville, Bentonville, and Springdale, and in both Benton County and Washington County, Arkansas.
