Asset Protection Attorneys
Asset protection is about safeguarding what you have worked hard to build. Whether you are an individual, a family, or a business owner, the assets you accumulate over a lifetime can be vulnerable to lawsuits, creditors, divorce, or unforeseen health events. Many people mistakenly believe asset protection is only for the ultra-wealthy, but in reality, anyone with a home, savings, or business interests can benefit from sound legal planning. To start the conversation today, book a call online, call us at 978-767-8540, or email us.
Asset protection refers to the legal strategies used to guard assets against claims of creditors, lawsuits, or other liabilities. It is about putting a shield around your property before threats arise. Proper planning ensures your assets are positioned in a way that legally minimizes exposure while maintaining compliance with the law. Timing is crucial. Once a lawsuit or creditor issue has arisen, your options become limited.
Common Threats to Your Assets
Everyday life carries risks that can jeopardize your financial security. Common threats include:
Key Legal Tools for Asset Protection
At Silveri + Wilson, we utilize a range of estate planning documents and strategies tailored to your situation:
Asset Protection in the Context of Estate Planning
Asset protection does not stand alone; it should be part of a broader, integrated estate plan. At Silveri + Wilson, we ensure your Will, Revocable Living Trust, Irrevocable Trust, Power of Attorney (which designates someone to manage your financial affairs if you’re unable to do so), Health Care Proxy (which designates someone to make medical decisions on your behalf if you’re incapacitated), and other essential documents are drafted in a way that works together seamlessly. Effective asset protection ensures your estate plan not only passes assets efficiently but also preserves them against avoidable loss.
When to Start Asset Protection Planning
The best time to start is now. Asset protection is most effective when done proactively, empowering you to take control of your financial future. If you wait until after a legal threat arises, many tools become unavailable due to fraudulent transfer laws. Starting early allows you to maximize your legal options and build a strong foundation.
Start Your Estate Plan Today
At Silveri + Wilson, we understand that every client’s situation is unique. We craft customized, legally compliant asset protection strategies that align with your broader estate planning goals, such as ensuring your loved ones are provided for, minimizing tax liabilities, and preserving your wealth for future generations. Protecting your legacy starts with a conversation. To start the conversation today, book a call online, call us at 978-767-8540, or email us.
