Spiegel & Utrera, P.A. has helped hundreds of thousands of clients with setting up entities such as Corporations, LLCs, Trusts, and Partnerships over the years. One of the driving forces behind setting up an entity such as a Corporation, LLC, Partnership, or Trust is the idea that you can separate your own personal self from whatever it is you are trying to protect by putting those items into that entity.
Asset Protection
Many people set up entities to protect their assets, and the key to asset protection is asking the right questions! What is it that you are trying to accomplish? Is it a business you’re trying to protect? Is it real estate you’re trying to protect? Is the real estate income producing? Is the business operational? Is it just cash that you are trying to protect? The key to forming an asset protection strategy is to gather what it is you want to accomplish and find out your particular set of circumstances and facts.

Another key to asset protection is anonymity and layering the entity to protect your public records. For example, you may need to create an entity in a state that protects your public records and then use that entity for anonymity in a separate state. Remember, we don’t want anybody to know our strategy as we’re trying to protect our assets.

SUBMIT AN ASSET PROTECTION INQUIRY HERE

If you are a current member of our General Counsel Club, please call our General Counsel Club line at (800) 734-9900 to discuss your asset protection strategy directly with Larry Spiegel.
Assistance

Submit details below

Related Posts

Continue Reading

What Are Business Trusts?
Asset Protection

What Are Business Trusts?

Massachusetts Trust A business trust, sometimes referred to as a “Massachusetts trust”; or “common-law trust”; is an unincorporated business organization...

Read More >>
Why NJ is a Great Place to Start Your Business
Business

Why NJ is a Great Place to Start Your Business

State Tax Credits New Jersey provides several tax credit programs to encourage business growth and job creation. The Emerge Program...

Read More >>
Business

Employer Liability For Harassment At Work

Harassment is a form of employment discrimination that violates Title VII of the Civil Rights Act of 1964, the Age...

Read More >>