New York City Asset Protection
Protecting Your Achievements for the Future
Business owners are particularly vulnerable when legal action is brought against their company. Without a comprehensive plan to protect one’s assets, a business owner’s life’s work is in jeopardy. With the rise of lawsuits, it is becoming more important than ever to take precautions. Fortunately, there are a number of preservation and asset protection strategies available to protect your assets and safeguard the estate that you have worked hard to create. If you are interested in exploring ways to protect your assets from business litigation matters, contact The Levoritz Law Group for a consultation.
New York City asset protection strategies
Business litigation is a real threat to your estate. With the rise of erroneous lawsuits, it is best to take all precautions to safeguard your estate. There are numerous ways to protect your assets from the potential litigation against one’s business.
Some of those strategies include:
- Limited partnerships and LLCs to hold expensive assets and shield them from attachments and lawsuits
- Business succession planning for your closely held business
- Irrevocable life insurance trusts that reduce or eliminate estate taxes
- Prenuptial agreements and postnuptial agreements
- Domestic and offshore trusts
- Business entity formation
- Swiss life insurance and similar products
- Equity stripping
At the Levoritz Law Group, we work with clients to conceive and implement proven strategies that will help protect their wealth and safeguard their assets against potential litigation, judgments, and liens, while also arranging for these assets to pass on to heirs swiftly when the time comes. The exact strategies we use are tailored to your needs, the nature of your assets, and the tax regulations that apply to them.
Contact an experienced New York City asset protection attorney
At The Levoritz Law Group, we recognize the need to protect one’s assets from the threat of litigation. With a little planning in the present, you can protect the future of your estate. With our sophisticated knowledge of wealth preservation strategies and business law, we will help put you on solid legal ground and leave your legacy intact. For more information or to schedule a confidential consultation, contact The Levoritz Law Group today.