What is “Asset Protection”?

What is Asset protection and Why does it matter?

Good question, an “Asset” is real property which carries no legal debt or liability, and protecting that asset is done by using unique legal strategies. Some think of it as the use of physical controls through the process of positioning property to avoid vulnerability to seizure. We at the EDU office think that you should have a legitimate, functional, strategic plan. The economic state we operate in, has an ongoing roller coaster effect on our daily lives. Add a piece of mind to your life and your professional life with legal protection. Firstly, (and perhaps the most obvious of points) make sure your business and personal life are organized. Whether it is business or not, anyone can be sued. It is not a matter of if you will be sued, but when you will be sued. Quickly, what is does it mean to be sued? A “sue” or “to be sued” in law means to bring a legal action against a person. For example, a driving ticket is a “sued event” by local, state, or federal law enforcement. If I fell while in the store because there was no caution sign and broke my hip I would sue……So there you go. Now asset protection of whatever type, should provide those assets smoke screens and complexities in a legal manner at all times. It is best to use strategies and techniques prior to any mishaps because those assets could become lost through the courts. Now waiting until the event occurs could cause a headache, and a legal uproar. Fraudulent transfers of assets is a crime by title 18 of the United States Code. Don’t wait until the last minute to talk to someone about your options. You are ready for a consult with a representative today