Protect Your Property From Creditors
The Law Offices Of Michael T. Sawyier are here to protect what's yours from the claims of creditors. Asset planning begins with adequate insurance, married couples' ownership of their homes in tenancy by the entirety, and basic exemption planning by the structuring of assets to avoid liens, seizures, or other methods of collection.
We offer asset protection planning to clients in Indiana, Illinois and Michigan.
Preserve Your Hard-Earned Assets
An asset protection plan will protect your assets from potential creditors' claims. This includes using LLC's and trusts to structure your assets. The most complex asset protection plans involve using irrevocable offshore and domestic asset protection trusts with trust protector provisions.
When Do I Need to Protect Assets?
The best protection planning is done before you are liable for the debt. We can support your asset protection plans in a number of ways, including:
- Drafting wills and trust
documents that limit any property available to creditors.
- Explaining "spend down" approaches to retirement planning.
- Helping you to obtain liability insurance, life insurance, annuities and IRAs.
- Creating protected legal structures, such as limited partnerships, LLCs and corporations.
- Converting nonexempt assets into assets that are exempt from judgement execution.
Be Prepared for the Future
Asset protection also extends to the careful selection and diversification of investments along with an overall financial plan. Our locally owned firm works closely with certified professional financial planners and other investment specialists to further your interests.
Michael T. Sawyier’s experience in bankruptcy law and creditors’ rights, as well as the firm’s overall history with trusts and limited liability entities, enables us to provide our services to you at a reasonable cost.
Call (219) 926-4200 today.
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