Home About Us FAQ Publications & Press Speaking
Links & Resources Contact Us
Limited Liability Companies
Limited Liability Partnerships
Limited Partnerships
Asset Protection Trusts
Domestic Asset Protection Trusts
Equity Stripping
Financial Planning Exemption
Tenancy By The Entirety
Charging Order Protection
International Entities
International Trusts
Captive Insurance Companies
Business Entities
Contract Formation and Review
General Business Counsel
Business Succession Planning
Current Estate Plan Review
Drafting Wills and Trusts
Incapacity Planning
Probate Administration
Charitable Remainder Trusts
Online Asset Protection Quiz.

Let's discuss some other assets one can own and how we can protect these 'miscellaneous' assets.

There are many other assets that range from bank accounts and wage income to life insurance, jewelry, vehicles, intellectual property and even money due from others that you can lose in a lawsuit. These ‘miscellaneous’ assets are frequently overlooked and unprotected. Everyone should complete a detailed inventory of every asset that they own. They should then check their state exemption laws. Some of these assets may be partly or fully protected from lawsuits. For example, bankruptcy and state exemption laws oftentimes protect life insurance, annuities, burial plots, tools of the trade, vehicles, wedding rings, wages, child support payments and social security payments. We have already discussed the homestead and retirement account exemptions. You must then, obviously, title miscellaneous assets that have no statutory exemption to one or more protective entities, encumber them with liens or adopt other protective strategies.

Categories: Asset Protection, News
The Presser Law Firm, P.A. - Asset Protection Attorney
Located at 6199 N. Federal Highway Boca Raton, FL 33487. View Map
Phone: (561) 953-1050