San Bernardino Asset Protection Lawyers Help to Preserve Your Net Worth
Protect yourself against creditors, lawsuits and taxes in California
Invictus Law, P.C. helps you protect your assets both now and for future generations. We serve San Bernardino, Riverside and Orange counties, including Santa Ana, Orange and Irvine.
Asset protection is best achieved through careful planning. Especially if you have substantial personal or professional property, asset planning can preserve your net worth and minimize risks should divorce, business dissolution or bankruptcy occur. With our firm’s legal assistance, you can protect your business assets from creditors and claims, while preserving those assets for family members or other beneficiaries.
Asset planning is an essential component of estate planning
Asset planning is an essential component of most estate planning initiatives. At Invictus Law, P.C., our lawyers review your financial profile and recommend strategies to protect your hard-earned assets through:
- Trusts. A number of trust options may be available to you, depending on your assets and your financial goals. These could include irrevocable life insurance trusts and charitable trusts. Our goals in recommending trusts are to minimize tax liability and to avoid probate.
- Entity creation. You may be able to form a business to protect your assets from lawsuits and creditors. Our attorneys help you determine whether forming a business entity can preserve and protect your assets. Options may include corporations, limited liability companies and limited partnerships.
- Long-term care insurance. Buying long-term care insurance can protect your assets so the costs of long-term care don’t wipe you out financially. Nursing homes and residential care facilities or even care in your own home can be expensive. The amount of insurance you purchase depends on the amount of your assets, the property you want to protect and the level of premium you want to pay.
- Professional insurance. If you are a professional, you should also have liability and professional insurance to protect yourself against creditor and fraudulent transfer claims.
Any asset protection plan we develop is carefully and uniquely crafted to your particular assets and goals.
Good asset protection protects you
A good asset protection plan puts up barriers against creditors and lawsuits. It makes you unattractive, because there won’t be much, if anything, to recover if your assets cannot be touched. However, our legal team always upholds the law and does not recommend hiding assets.
Safeguard yourself and your business with an asset protection plan
Invictus Law, P.C. offers individuals and businesses asset protection planning services to create a barrier against claims, minimize liability and preserve net worth. Call us now at (949) 287-5711 or use our online contact form to schedule a free initial consultation to learn about your options. We have conveniently located offices to serve you in Santa Ana and Ontario, California.