The Houston Asset Protection Attorneys Law Firm represents individuals and businesses in connection with the establishment of comprehensive Asset Protection plans that incorporate both domestic and international components.
We help our clients protect their hard-earned assets from lawyers, creditors, foreclosure deficiencies, former or current spouses, children, relatives, and greedy lawsuit-obsessed citizens. While many people can make money, few know how to protect it.
As more Americans become entrepreneurs, they discover that wise business planning is essential to their success today and their financial security tomorrow. Our law firm can help you achieve your goals, whether your business is a one-person operation or one striving for a place on the Fortune 500 list.
At The Houston Asset Protection Attorneys Law Firm, we take special care to make sure our clients' asset transfers and other asset protection plans comply with all laws against fraudulent transfer, including the Texas Fraudulent Transfer Act.
Houston Asset Protection Specialists
Asset protection is a legal method of reducing your exposure to various types of risks by placing assets into various protected structures. In addition, these structures are typically organized in a manner to minimize the negative impact of a particular event.
In general, there are two negative situations asset protection seeks to minimize. The first is bankruptcy. Here, planners work with the bankruptcy code to help clients survive bankruptcy. However, it's important to realize there is only so much a planner can do in this area. The bankruptcy code exemptions are very clear -- and also fairly limited. The second negative event planners work at minimizing is litigation. Here we have far more flexibility (so long as there are no fraudulent transfer issues). By using various structures, it is possible to greatly reduce the negative impact of litigation. Other events that are considered in the plan are divorce (both of the client and the client's children) death (but this falls more under estate planning) and incapacitation.
Houston Asset Protection Cases
The main goal of asset protection is to avoid the loss of assets through litigation. Asset protection accomplishes this goal by:
Deterring Litigation. A contingency fee lawyer may think twice about taking a case that is easy to win but that will require him to wait for years to get to your assets to collect his 40%.
Providing Incentives for Early and Inexpensive Settlement. They can sue you, and if they win, they will have a judgment. But your assets are protected and they will never collect. Will they accept 5 cents on the dollar? You better believe it!
Causing your Opponents to Work Harder and Get Less. First, they will have to win their case against you. Next they will have to take you to a debtor's exam to locate your assets. Finally, they will have to try to collect, and they will not be able to. Do they really want to work so hard only to never be rewarded, or will they be interested in settling for 5 cents on the dollar?
FREE Asset Protection Attorney Consulation
At Houston Asset Protection Attorneys Law Firm, we have worked with individuals, families and business owners to effectively protect their assets and secure their future. To discuss your options with one of our experienced attorneys, contact one of our conveniently located offices in Houston, Texas, to schedule a personalized consultation.
Contact Your Houston Asset Protection Lawyer
Please contact one of our partners with questions about your legal issue, providing as much information as possible regarding your inquiry. While this contact does not serve to establish an attorney/client relationship, it will allow our legal team to begin an assessment of your case.
Not Certified by the Texas Board of Legal Specialization. The material obtained from this site is not intended to be legal advice. Please consult an attorney for advice regarding your own legal situation. We invite you to contact us and welcome your calls and email. Contacting us does not create an attorney-client relationship. Please do not send any confidential information until such time as an attorney-client relationship has been established.