By Ken Laino on Posted in Asset Protection -- Definition,Estate PlanningWhile estate planning and asset protection planning are related, they are not the same. An asset protection plan is designed principally to protect your assets from creditors during your lifetime. It can also be designed to protect assets you leave to your spouse, children and other family members. An estate plan is focused more on… Continue Reading
By Ken Laino on Posted in Asset Protection -- DefinitionI recently received an inquiry from someone who will be entering law school in the Fall, and he is interested in becoming an asset protection attorney. He asked what areas of law he should focus on. While asset protection law has become somewhat of a specialty, it requires knowledge and experience in at least four… Continue Reading
By Ken Laino on Posted in Asset Protection -- Definition,Asset Protection Strategies/AlternativesThere is an increasing interest in asset protection among both individuals and businesses. But many people are still not exactly sure what "asset protection planning" is. Asset protection planning is simply the process of lawfully protecting your personal and/or business assets from creditors. It involves taking advantage of laws and legal doctrines that were actually… Continue Reading
