[E]very State in this Union has passed statutes by which a part of the property of the debtor is exempt from seizure [for] the payment of his debts....to property so exempted the creditor has no right to look…as a means of payment.
- Nichols v. Eaton, 91. U.S. 716 (1875)
Sadly, some people view litigation as a lottery. Enabled by our uniquely American legal system that permits contingent fee arrangements while not requiring the loser to pay the prevailing party's attorneys' fees, plaintiffs are willing to roll the dice in the hope of becoming a winner.
The best offense is a good defense. Creditors come in a variety of shapes and sizes from ex-spouses to former business partners. Everyone needs an asset protection plan, but especially:
I develop customized asset protection plans for businesses and individuals. I assist clients with structuring and implementing asset protection plans that may include one or more of the following techniques and strategies: