Asset Protection
THE KEY CONCEPTS OF ASSET PROTECTION
What Is Asset Protection?
The growth of asset protection is a result of a legal system that encourages plaintiffs, who risk nothing, to sue anyone who may appear to have the ability to pay. An Asset Protection Plan is the best tool for shielding your assets from lawsuits. By creating this trust, it makes it very difficult for anyone to sue you. The best way to protect your assets is to take legal steps to make yourself unattractive to potential predators.
Creating a successful plan takes a professional who understands the delicate balance between your use and control of your assets, and a sufficient lack of such control which will be respected by the courts.
Who Needs Asset Protection Plan?
Implementing an Asset Protection plan has become the recommended standard for clients with moderate to high wealth. Asset protection planning gives you the option to legally defend yourself from the frivolous lawsuits that are often focused your way. Common professions that are often targeted are healthcare professionals, employers, small business owners, artists and entertainers and professional athletes. Any one of these factors make you a target for lawsuits. This creates a need for proactive planning to ensure your assets are protected from predators.
A FIFTEEN (15) PART SERIES THAT PROVIDES AN IN-DEPTH REVIEW OF THE UNIQUELY EFFECTIVE LEGAL TOOLS USED TO PROTECT YOUR ASSETS.
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![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #1
Separate Ownership From Beneficial Use And Control
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #4
Spendthrift Provisions
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #7
The Offshore Edge
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #10
The Domestic Fatal Flaw
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #13
Fraudulent Conveyance
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #2
Use A Trust
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #5
Self-Settled Trusts
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #8
Cost v. Benefit
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #11
The Bridge Trust
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: 14
The Target Zone
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #3
Irrevocability
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #6
Jurisdiction
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #9
The Domestic Upside
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #12
Use a COP Entity
![Video01](https://talailaw.com/wp-content/uploads/2022/09/video01.jpg)
Key Concepts of Asset Protection: #15
Education v. Action