8 Strategies Available for Asset Protection in Florida
Things to know about Asset Protection
Asset protection law is designed to help secure those assets, even in worst-case scenarios. This work is not about hiding assets from the IRS or defrauding creditors. It’s about using legal strategies to maximize asset protection if legal action is brought against you.
It is essential to understand the types of assets, how to protect them, and how to create an asset protection strategy. Being proactive is vital before entering into loan agreements, contracts, real estate ventures, or other ventures that introduce liabilities.