Business owners and individuals face an increasing risk from creditor liability and lawsuits. Each year, theories of liability expand. No one can be quite sure from what source a potential liability may spring. A downturn in the economy, such as the one in which we now find ourselves, can exacerbate the potential for creditor threats.
Asset protection may help minimize the risk of exposure to potential creditors while preserving your estate for your loved ones. However, the transfer of assets in certain circumstances can be considered fraudulent. For that reason, it is essential to have an experienced attorney guide you through the process.
At Morgan Law Center, we can help our clients create asset protection plans that protect the assets they have spent so many years and so much effort creating.