Asset Protection
Skilled Asset Protection Attorneys in Westmont Limiting Personal Liability for Business Matters
After a lifetime of hard work and careful financial planning, it is important to ensure that your personal assets are protected. At the Westmont law firm of Manetti & Griffith, Ltd., our lawyers provide skilled legal representation in a variety of practice areas to help our clients develop strong asset protection strategies.
Are we the right law firm for you? Free initial consultation. Call us at (630) 725-9811.
When you bring your legal concerns to our offices, we will review your existing arrangements and help you develop a comprehensive asset protection tailored to your individual circumstances.
In some cases, effective asset protection is as simple as ensuring that you have sufficient insurance coverage and that you have created well-drafted estate planning documents to reduce the chances of probate litigation. In other cases, you may be best served by investing in annuities or establishing out of state trusts in such locales as Alaska or Delaware. All of these methods provide your assets with strong protections against creditors.
Whatever your personal circumstances may be, we will help you understand your risk exposure and help you create effective asset protection strategies. In some cases, these strategies may involve:
- Estate planning: Through the creation of wills, trusts, powers of attorney, and other essential estate planning instruments, you can make your wishes known, reduce the likelihood of costly litigation, and avoid probate.
- Business succession planning: To make sure that the hard work and determination you have put into your business is not in vain after your day-to-day involvement ends, it is important to plan ahead. Effective planning can maximize the value of your business and ensure a smooth transition.
- Business formation: Business formation is one of the most important asset protection strategies for anyone who is responsible for commercial operations. A properly selected business entity can serve as a bar to personal liability for the negligence of employees or agents, thereby protecting your personal assets.
Because our attorneys devote a large part of our practice to litigation matters, we understand how to recognize potential sources of liability. We also understand the ways in which others may attempt to seize yours assets, allowing us to develop effective strategies to protect these assets.
Contact our offices today to schedule a free consultation with one of our knowledgeable asset protection lawyers.
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