It is unfortunate, but true: We live in a highly litigious society and people today seem to sue one another over just about anything. Worse, you never really know what a jury might decide, regardless of how frivolous a lawsuit may appear. Even some of the people you love the most may need protection from themselves, such as those who suffer from drug or alcohol dependency, or who lack the maturity to handle a large inheritance on their own. All of this helps explain why Asset Protection Planning is such a rapidly growing area of the law and why it is so important for you to have a plan expertly tailored to your specific needs – particularly if you are a physician, attorney, CPA, business owner, real estate developer, or member of a profession that is subject to an unusually high number of lawsuits.
At Wealth Strategies Counsel, we provide the guidance that individuals, families and owners of closely-held companies need in understanding the risks they face. We then design creative asset protection plans to guard against potential liabilities. With years of experience in all areas of asset protection law, and an extensive network of leading financial professionals world-wide, we are particularly skilled at establishing and managing offshore trusts and corporations. The techniques and strategies we can use to protect your hardwon assets and legacy include:
- Offshore and domestic business entity formation
- Domestic trusts designed to safeguard assets from predators
- Offshore trusts, placing your assets beyond the jurisdiction of U.S. Courts and out of harm’s way
- Equity stripping and asset isolation strategies to minimize the risks posed by potential predators and which ensure your privacy