1 / 16

Asset Protection Trust

Find out how an Asset Protection Trust (APT) can help you protect your money and property from creditors, divorce, and predatory lawsuits.

smithclea
Download Presentation

Asset Protection Trust

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Asset Protection Trust rochesterlawcenter.com

  2. Asset Protection Trust www.rochesterlawcenter.com 248-613-0007 543 N, Main St, Ste 222 Rochester MI 48307 rochesterlawcenter.com

  3. What is an Asset Protection Trust? rochesterlawcenter.com

  4. An asset protection trust is an estate planning tool • It help you protect your assets from creditors, lawsuits, and judgments. • You to take a piece of your wealth and put it in a trust to protect those assets from creditor claims, even if you become the target of a lawsuit. rochesterlawcenter.com

  5. Why do you need an Asset Protection Trust? rochesterlawcenter.com

  6. If you’ve accumulated a significant amount of wealth during your lifetime, you have a target on your back. • Combine that with the fact that there is no shortage of attorneys willing to make claims for their clients based solely on contingency fees, and we have a perfect environment for lawsuits against wealthy individuals who are perceived to be “collectible”. • An asset protection trust (APT) can help you protect your money and property from creditors, divorce, and predatory lawsuits rochesterlawcenter.com

  7. Who needs an Asset Protection Trust? rochesterlawcenter.com

  8. Asset protection trusts aren’t right for everybody. • It is for you If: • You are a high net worth individual in a high liability profession • Your position in the community makes you highly visible, traceable, and collectable • Your status in the community creates a perception that you have a significant amount of liquid wealth rochesterlawcenter.com

  9. What are the benefits of incorporating An Asset Protection Trust into an Estate Plan rochesterlawcenter.com

  10. Protect your wealth from creditors and potential lawsuits • Designate who should receive your assets after you pass • Maintain control of your assets after you die • Keep your financial matters and the transfer of your wealth private • Avoid the long and stressful probate court process. rochesterlawcenter.com

  11. What are the different kinds of Asset Protection Trusts? rochesterlawcenter.com

  12. There are 2 Types of Asset Protection Trust: • 1: Domestic Asset Protection Trust: • It can be created rather easily in any state within the United States that has passed laws that permit the creation of these types of trusts. • 2: Foreign Asset Protection Trust: • Also known as an offshore trust, the foreign asset protection trust, is established in jurisdictions outside of the United States.  rochesterlawcenter.com

  13. Conclusion rochesterlawcenter.com

  14. Asset protection trusts are useful legal tools to protect your assets from creditors and lawsuits. • But, these types of trusts are very complicated and are not for everyone. • Usually the people who benefit most from an APT have a significant amount of wealth and have a lifestyle or career that makes them more likely to be sued. rochesterlawcenter.com

  15. Next Step rochesterlawcenter.com

  16. SCHEDULE YOUR FREE Consultation CALL US AT 248-613-0007 TODAY! We offer Phone and Web consultations, in addition to traditional in-office consultations.  Let our staff know that you prefer to “meet” with one of our attorneys in the comfort of your own home via Phone or Web conference and we will get you scheduled based on your preference.  • Free Consultations • No Need To Travel • Do Everything Remotely • No Hidden Fees • Streamlined Processes • Fast, Easy, Stress Free rochesterlawcenter.com

More Related