SWM Practice Areas
ASSET PROTECTION PLANNING
In this tumultuous economy it is more important than ever to preserve and protect one’s hard earned assets. Yet, in our increasingly litigious society the looming threat of litigation subjects many peoples’ assets to potential risk (whether they know it or not). Lawsuits targeting one’s personal assets can arise from many situations, including: (1) Ownership of real estate, motor vehicles or watercraft; (2) Serving as an officer or director of a corporation; (3) Tax liabilities; (4) Partnerships; (5) Guaranteeing debt; (6) Divorce and (7) Professional malpractice.
Often times, the traditional methods of dealing with these risks, such as liability insurance or indemnification agreements, fail to provide the needed protection. Contact Saunders Winter McNeil today to hear more about the objectives of asset protection planning, the strategies used to implement them, and whether such planning strategies are right for you.