Preservation of your wealth

Creditors, plaintiffs, unhappy business partners, local or international agencies – all can threaten those assets. Our wealth preservation planning can reduce significantly, often through reaching agreements, those threats long before they appear.

Why do you need Asset Protection services?

• You are in a high risk business. Many businesses and professions carry extraordinary financial risks that insurance alone can’t protect against. Medicine is a good example. Malpractice premiums are often barely affordable. Insurance does not cover many claims. Similarly impacted are real estate developers and builders and small business owners. Over the last years, our lawyers have represented many doctors, real estate developers, corporate directors and small business owners. We know and understand the risks your business faces, and how to best shield your assets from these risks.
• You have been in an accident. Even if an auto accident is minor, claims against you can be substantial. You can be sued for emotional damages, physical pain or a spurious claim like whiplash.
• You are getting divorced. Divorces can be rending, emotionally and financially. Community property laws and the often unpredictable vagaries of judges can make the process even more painful and costly.
• You owe money to a lender. In difficult economic times banks and lenders pursue borrowers’ assets aggressively and diligently. This means that it is not enough to set up the most basic asset protection structures. To defeat the claim of a lender, the asset protection structures used need to be sophisticated and difficult to penetrate. We find that with the right asset protection structure in place, lenders will either give up the chase for your assets or be a lot more willing to negotiate.
• You are faced with a lawsuit. Do not be fooled – even if you are innocent, that does not mean the courts are on your side. JTribunals sometimes side with the plaintiff who appears to need the funds in question rather than the defendant who they assume has money to spare.