Asset Protection Planning

A Plan to Protect Assets and Minimize Tax Liability

Clients often inquire whether assets can be protected from the claims of their present or potential future creditors. Asset protection planning can be an integral part of the estate planning process. Preserving one's wealth is a major concern to anyone serving on a board or to others who could be perceived as deep-pocket targets, including business owners and professionals. There are numerous techniques available to protect assets and minimize some taxes. Often, estate planning in this area involves a team approach between experienced estate planning lawyers and other professionals.

This can be a highly complex and frequently changing area of the law that must be implemented carefully, with a full appreciation for what is and is not possible. Technical legal advice is essential. A number of considerations may be addressed, including:

At the Law Offices of Robin S. Gnatowsky, our attorney can advise you on whether tax benefits are attainable, whether to use domestic or offshore jurisdictions, and how recent legislative developments and judicial challenges might affect planning strategies. Contact our Virginia estate planning attorney online or call 804-935-8510 to schedule an appointment to discuss your situation. We help individuals, families and family trusts, charitable organizations, and small and family owned businesses in Virginia, Maryland, Washington D.C., and Florida.

Contact Virginia Asset Protection Lawyer

To find out more about protecting your assets contact our Glen Allen asset protection planning attorney online or call 804-935-8510 to schedule a consultation. We help individuals, families and family trusts, charitable organizations, and small and family owned businesses in Virginia, Maryland, Washington D.C., and Florida.