Asset protection planning is a smart way to protect your assets from creditors. Unfortunately, there is a lot of misinformation about assert protection on the internet, resulting in people making costly mistakes.
Here are some asset protection mistakes you should avoid:
- Going the DIY route
- Transferring your property when you have a pending lawsuit or claim
- Putting assets in a revocable trust
- Transferring all your assets to your spouse
- Using off-shore investments or hiding assets
It’s wise to hire an Asset Protection Attorney to help you with your asset protection plan. Contact Meurer Law Office today to get in touch with an asset protection attorney.