If you are worried about creditors unfairly going after your assets, asset protection can be a beneficial method of protection. Asset protection serves as a barrier between you and your creditors if you are getting sued or are going through a divorce.
At Karen Brady & Associates, P.C., we have 19 years of experience representing clients throughout Arvada, Colorado, and the West Denver metro area. Unlike some lawyers that are concerned only with meeting clients' legal needs, we believe that the best way to serve our clients is by understanding their individual concerns and goals. Contact our asset protection law firm online or call 303-835-1811 to schedule your free initial consultation.
What is Asset Protection?
Using barriers - such as business entities, trusts and partnerships - asset protection prevents your assets from being unfairly collected during a lawsuit. Asset protection is not a replacement for insurance, but it can complement your insurance to more sufficiently satisfy creditors.
When Should I Consider Asset Protection?
Ideally, we like to discuss asset protection in a proactive manner. Reactive asset protection (for example, if you are already being sued or facing a divorce) is a more difficult process. If you already have a creditor situation, we may not be able to protect your assets from that creditor, but we can use legal tools to protect your assets from future creditors.
We help clients structure their assets, often creating an entity such as a trust or business entity to hold the assets that might provide benefits to the original owner. This process separates ownership from the original owner.
Contact our Denver Asset Protection Law firm online or call 303-835-1811 to schedule your free initial consultation with an experienced asset protection attorney.