Fort Myers Asset Protection Lawyers
What Is An Asset Protection Plan?
An asset protection plan is a mixture of estate planning, business planning, pre-inheritance planning, and estate and gift tax planning.
It is created in order to protect your assets against:
- Lawsuits
- Creditors
- Probate
- And the IRS
It is designed to safeguard your estate and finances from external liabilities and creditors. Effective asset protection plans have many layers of protection so that if a creditor or lawyer permeates one level, they do not ruin a family’s entire estate and assets.
Each asset protection plan we create for our clients is personalized for their individual and family requirements. When constructing a plan, our lawyers will devise alternatives to differentiate your liability while keeping you in as much control of your assets as possible. If you are interested in learning more about Florida asset protection, please contact a Fort Myers lawyer from our firm.
Have questions about asset protection in Fort Myers? The Dorcey Law Firm is here to help. Give us a call at (239) 309-2870 or contact us online to get started with our asset protection attorneys in Fort Myers.
Legal Framework for Asset Protection in Florida
If you happen to get sued for something, and your assets are not protected, they may be taken by the person who initiated and won the lawsuit against you. Florida asset protection takes assets that can be taken by creditors, or nonexempt assets, and turned into exempt assets, which cannot be touched by creditors and their claims.
If you are already in any stage of a lawsuit, it is too late to create an asset protection plan. Every state has laws that protect a creditor against a person who transfers their assets with the intention of hindering, delaying, or defrauding the creditor.
If you do attempt to protect your assets while a lawsuit is being filed against you, the court may reverse the transfers. An asset plan must be completed as soon as possible, and it must contain short and long-term financial goals, as well as estate planning goals.
Experiences From Our Happy Clients
-
“Dorcey Law was so incredibly helpful and patient during a difficult time.”- Former Client
-
We love Joshua Dorcey. Whenever I have a question I can reach someone, in the office, who can help. I have always had a pleasant person helping me. There are special activities which keep us informed of the latest in tax laws and activities to have fun... we wouldn't go anywhere else.- Pamela P.
-
- Tina B.
I learned so much! I realize how much I didn't know, and still need to know. There are ways to be proactive for the future and I appreciate the valuable info shared in this seminar.
-
“They are very professional and were able to provide exactly what we needed to plan our estate and execute our Will.”- Maria P.