Retirement and Asset Protection Planning

Asset Protection

While many used to assume that asset protection planning was shady or fraudulent, the simple truth is that asset protection is used my most successful people and businesses to one degree or another every day.

There are legal, legitimate strategies individuals and business-owners can use to protect their assets and their wealth.

Asset protection is nothing more than safeguarding your assets from future attempts by creditors or unknown persons who may bring a lawsuit against you or your business in the future. Just having an asset protection strategy in place will often discourage opportunistic people from even considering a lawsuit and they will move on to a less-prepared target.

There are many Professional Lawsuit Scammers bringing frivolous lawsuits to 100’s of local individuals and local small business owners pretending to be “activists.” While most agree that protecting your assets would be a good thing, it is important to know the lines between legal and illegal actions.

Protecting What You Have

If done legally, you can protect your assets and your retirement funds in a way that will make it clear to creditors or persons considering filing a lawsuit how difficult it would be to pursue a claim. These actions can include such things as setting up trusts, and can easily dovetail with your already-established estate plan, if you have one. The simple goal for asset protection is to keep you in control of your assets while reducing risk of losing them in the near or distant future.

Asset Protection in Portland, OR

Asset Protection Attorney Vanessa Childs understands the importance of asset protection planning – not only for the short term, but also to head off potentially life-altering asset depletion actions that could result from some future creditor action or legal judgment. You can be confident that if you work with us that we will do everything in our power to help you with your estate planning and asset protection planning.

Whether you are contemplating asset protection, estate planning, or drafting a will or trust, you can be confident that Attorney Vanessa Childs will do everything possible to help you through the process with effective, efficient and reputable legal service.

Childs Law ~ Vanessa Childs, Esq.

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