Statutory Exemptions
Depending on the State, some assets are exempt from attachment by creditors. These include but are not limited to: a primary residence (homestead); retirement accounts; life insurance; annuities; head of household wages.
Asset Protection videos
- How can a limited liability company provide me with asset protection?
- How can I protect my interest in real property?
- I carry malpractice and/or liability insurance. Is that enough to protect my assets?
- Is asset protection only for the wealthy?
- Is it possible that I may need more than one LLC?
- Should I use a trust to protect my assets?
- What are the tax implications of a business registered as a subchapter S corporation versus an LLC?
- What is a domestic asset protection trust?
- What is tenants by the entirety?
- When should I start asset protection planning?
- Would a living trust provide protection for my assets if I were sued?
- Does a small business (subchapter S) corporation give me the same protection as an LLC?
- Can you describe how an asset protection trust works?
- Can I prevent a daughter in law or son in law from benefitting from my child’s inheritance if they get a divorce?
