If you have assets, you need to take the proper steps to ensure they are protected. Philadelphia asset protection involves working with an attorney to set up an asset protection trust. Our highly skilled attorneys can provide you with all of the information you need in order to establish your asset protection trust. You will need to appoint a trustee to protect your assets. You are called the “grantor” and you have the authority to keep your assets to yourself and claim them as a disregarded legal entity, this will save you a lot of money on your taxes. You will need to pay taxes on your protected assets. Our Philadelphia asset protection service can offer you all the help you need pertaining to asset protection.
If you are facing a lawsuit, divorce, or bankruptcy, asset protection can help you avoid losing everything you have. Many people set up offshore investments to keep them safe from creditors and others that are seeking to come after your funds. Philadelphia asset protection is incredibly important for business owners or individuals that provide services like health care. You are vulnerable to lawsuits so it is important to take action to ensure the safety of your assets.
Understanding asset protection without the aid of a good attorney is pretty difficult. Figuring out where to place your investments and assets to keep them safe from individuals that just want to take advantage of you is a time-consuming process. Once you get the hang of it, you will have an easier time dealing with asset protection options. There are a few different service plans available and we would love to help you find one that fits your lifestyle and needs.
Our lawyers will be able to help you legalize your business if you are just getting started and you need to learn about asset protection services. There are many other things you need to know about Philadelphia asset protection which is why we have created a full-service law firm to help you with all of your legal needs pertaining to your business or personal assets.