Why Do You Need Asset Protection?
Asset protection generally only works when the plan is put into place and assets are transferred before any type of potential liability event or lawsuit takes place. Asset protection after the fact often does not work well and may be subject to fraudulent transfer challenges by creditors.
Some common circumstances where asset protection can help:
- Lawsuits by creditors or former business partners
- Negligence or injury claims exceeding your insurance coverage
- Collection lawsuits
- Catastrophic medical bills
- Orderly distribution of assets at time of death
Far too often, unexpected circumstances can occur that may greatly impact your current and future financial security. That is why it is essential to establish an asset protection plan before the worst happens. Contacting a skilled and knowledgeable asset protection attorney today can secure your future financial well-being and a comfortable retirement free of worry.
Finding the Right Asset Protection Attorney
Whether you have a multi-million dollar estate or only a few assets, it is crucial to protect your assets against creditors and lawsuits. The Irvine asset protection attorneys at McFarlin LLP can develop the legal strategy you need to meet your goals and secure all that you’ve worked for.
Contact us today to learn more about your legal options for asset protection; one of our knowledgeable asset protection attorneys will analyze your financial circumstances and recommend a course of action. Please call us at (949) 570-5025.
