Asset Protection

Our attorneys will review your asset situation and make appropriate recommendations to protect your assets from creditors.

Protecting assets is technical artwork and a miscalculation could have serious consequences for a debtor. The objective is to place property beyond the reach of creditors without committing a fraudulent conveyance which could result in a total denial of a discharge if bankruptcy follows. A fraudulent conveyance is a transfer of money or property that is either for less than reasonably equivalent value or made with the intent to place the property beyond the reach of creditors.

On the other hand, property may already be exempt and perfectly safe where it is.