Deland FL Estate Planning Attorney
Trust Planning Attorney in Deland, Florida
Asset protection is a process that involves building walls between you and your creditors. There are various tools that can be effective for building these walls, such as:
- False entities
- Holding companies
- Limited liability companies
- Limited partnerships and family limited partnerships
- Irrevocable trusts
- Domestic asset protection trusts
- Offshore asset protection trusts
Asset Protection and Estate Planning
Asset protection is only one level of an effective estate plan. Attorney Glenn Lee Nye is not only an asset protection lawyer; he is also an estate planning attorney with a master’s degree in tax law. He will help you develop an effective strategy for protecting your assets from liability while securing your wishes for the future distribution of those assets to your family or other loved ones.
An Important Note About Asset Protection
Asset protection planning usually does not work if you already have debt or have been threatened with debt. Rather, it is a long-term approach to shield you from future liability.