We have significant experience in advising clients on preventive asset protection strategies.
Asset protection is particularly important for companies and individuals alike whose assets might not be adequately protected should they be faced with sudden and unexpected litigation and/ or any other potential claims.
A basic tenet of asset protection strategies is to plan in advance prior to a threat or commencement of litigation. Any actions taken for disposing of assets pending litigation constitute a criminal offence.
Asset protection can be a highly complex field often requiring legal assistance from various jurisdictions whilst in certain cases can be quite simple. All depends on the specific scenario at hand.
Areas:
- General protection of existing real estate assets or other assets under acquisition for businesses
- Planning for professionals who might be a high risk of claims of negligence –(e.g. doctors, lawyers, other consultants etc).
- Succession planning
- Marriage planning