Asset protection consists of the proactive steps taken to protect the wealth you have worked hard to acquire throughout your life. These steps are to use corporations or other entities and shifting assets to shield them from exposure to future lawsuits.
Louie & Kitsuse has extensive litigation experience seeking "deep pocket" assets in lawsuits. Let us use the same skills and expertise to protect your assets.
The assets that typically need protection are real estate investment properties, second homes, vacation homes, expensive personal items such as airplanes, boats or luxury vehicles.
Professional businesses such as dental and medical practices, accounting firms, real estate firms, restaurants, and other high risk businesses, require protection through the use of business entities, as well.
The clients who benefit from asset protection are often professionals, such as dentists, doctors, accountants, attorneys, architects, business owners, real estate investors and owners, and other people with significant assets.
The strategies utilized to protect assets are to create business entities such as:
Corporations/C and S Corps
Limited Liability Companies/LLC
Creating separate companies allow us to separate and segregate assets
Corporate entities allows further layers of protection in utilizing
Loan agreements, etc.
Contact the business attorneys of Louie & Kitsuse to structure the best asset protection plan for you.