Asset Protection Planning Lawyer in Long Island
Protect Your Assets from an Uncertain Future
It's no secret that America is a very litigious culture, filing lawsuits for almost anything. As a result, it is extremely important to think about any assets that you want to protect from forces such as lawsuits, bankruptcy, divorce, creditors and the IRS.
Are you prepared to face the financial consequences a lawsuit might have on your personal assets? What about judgments, garnishments, penalties and repossessions? While there may be some steps you can take after the fact, the best time to protect yourself is before something catastrophic occurs and wipes you out financially.
Make asset protection planning a part of your estate planning efforts in Long Island. Contact an experienced Long Island estate planning attorney right away!
How an Asset Protection Plan Can Help
Let's face it – the more assets you have the higher your risk is of facing devastating law suits or other actions that can instantly destroy everything you worked so hard to build.
Groups of people that tend to face lawsuits include, but are not limited to:
- Public figures
- Business owners
- Real estate owners
There are legal strategies an attorney from our firm can help you implement in order to insulate your assets from potential creditors and judgments. These matters include:
- Insurance policies
- Marital planning
- Establishing limited liability companies
- Homestead and other state exemptions
It's important to understand that these are all legal strategies. Hiding assets from creditors or spouses or defrauding creditors are criminal offenses and are unacceptable. That's why it's so vital to contact The Law Office of Michael J. Brescia, P.C. right away.
Consult a Long Island Asset Protection Attorney
Our firm can provide an experienced estate planning attorney who can work with you to create an ethical asset protection plan that addresses your specific financials goals and needs.
Contact the firm today by calling (631) 386-8767 for more information about how asset protection planning can benefit you and your family.