Asset Protection in Kentucky
More lawsuits are filed in the United States than in the rest of world combined. No matter how frivolous the suit may appear, you never know what a judge or will decide. This is why asset protection planning is one of the fastest growing areas of the law, and why you need an asset protection plan of your own.
Your plan must accomplish two main goals. It must protect you and your spouse from creditors, predators, and others looking to seize a portion of your assets while you are alive, and protect your heirs’ inheritances against a variety of threats after you are gone. The latter can involve making sure your children’s inheritances are protected if they get divorced. Your grandchildren may need protection to ensure they receive their inheritances if your child passes away and your son-in-law or daughter-in-law remarries. Your children may even need protection from their own poor decisions if they are not mature enough to manage an inheritance on their own.
We can design a plan capable of protecting your assets for your enjoyment today and that of your loved ones after you are gone. It is important to note that asset protection planning is only effective if it is carried out before a lawsuit or other type of threat materializes. Contact us today for a personal meeting about your specific needs and goals.