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

Business

Don’t Misclassify Your Employees

Many persons you may hire as independent contractors may not be so according to recent court rulings around the country....

Read More >>
Business

Investors Willing To Take Risks Along With Uber

Despite ongoing聽聽litigation involving labor disputes between its drivers, it seems wealthy investors are still willing to invest boatloads of money...

Read More >>
How a Real Estate Closing Attorney Helps Protect Your Deal
Administration

How a Real Estate Closing Attorney Helps Protect Your Deal

Real estate closings move fast, but the legal and financial consequences last a long time. Whether you are buying or...

Read More >>