What is Asset Protection?

HomeLegal Services BlogWhat is Asset Protection?

Here at Piervincenti & Tarantino Law, PLLC, we offer assistance in a variety of legal matters, including estate planning, family law, criminal law, and more. One of the most common issues that brings people to seek our help is asset protection. In this article, we’ll go over more information about what exactly asset protection involves and why you need it.

What is Asset Protection?

Essentially, asset protection is a type of proactive legal action designed to protect your money, property, or other investments from future creditors, divorce settlements, or legal judgments. No one can predict the future, so you never know when you might find yourself in need of the legal protection and settlement negotiation power that asset protection measures can provide. If you want to ensure that you can keep your assets in the event of a divorce, credit dispute, or legal dispute, our team at Piervincenti & Tarantino Law, PLLC can help you take steps to do so today.

Our asset protection plans are tailored to your individual assets and can involve measures from simple financial privacy that prevents others from knowing what assets you have to more complicated measures such as offshore trusts. Asset protection works best when the measures are put in place well before you actually need them, so we at Piervincenti & Tarantino Law, PLLC encourage you to begin the process as soon as possible. Even if you don’t think you’ll ever need such protection, wouldn’t you rather be safe than sorry? Our team is here to help you keep your assets safely in your possession, and we encourage you to give us a call.