Asset Protection Planning: How to Maximize Impact

It’s no secret that the United States is a litigious society and there’s no indication that the trend line with respect to lawsuits will go anywhere from here but up. And, although some claims have merit, far too many do not. In such an atmosphere, everyone, and high-income/high-net-worth individuals in particular, perceive themselves as being subject to an unacceptable level of exposure. Timely and professional asset protection planning can, however, help to weather the storm of litigation. This seminar will discuss various planning techniques that can be used to place assets beyond the reach of creditors, will determine when it is appropriate to utilize such techniques and will discuss the optimal method of implementing such techniques.

Learning Objectives:

• Attendees will come to understand the law of “fraudulent transfers” (now sometimes called “voidable transactions”), and how to promote their clients’ asset protection planning in an ethical manner, without legal risk to the planner
• Attendees will be introduced to various asset protection techniques that do not necessary involve the retention of counsel, such as “poor man’s asset protection planning,” and exemption planning
• Attendees will come to an understanding of the proper use of trusts to maximize their clients’ asset protection, without necessarily having the client give up beneficial interest or control