Asset Protection
While each client has unique circumstances and goals, we frequently consider:
- Identifying and titling assets so that the assets qualify for special protection under the law (such as exemptions for “homesteads,” qualified retirement plans, etc.);
- Transferring assets to family members not engaged in risky activities;
- Creating trusts which benefit clients and their family members;
- Segregating business activities or inherently risky assets into stand alone legal entities;
- Forming limited liability companies and limited partnerships which create limitations on creditor attacks.
We design and implement a variety of planning strategies, and will explain to you their effectiveness, including:
- Statutory exemption planning
- Transfers to spouses (including Inter Vivos QTIP Trusts)
- Joint Ownership Arrangements
- Trusts for the benefit of third parties
- New Hampshire asset protection trusts (potentially using Trust Protectors, Investment Advisors and Distribution Advisors)
- Entity selection
- Family limited partnerships and limited liability companies
- Prenuptial agreements
- Medicaid Planning
- Offshore asset protection trusts
