In our litigious society, our clients are increasingly concerned about risks from potential lawsuits. Asset protection planning has therefore become a crucial component of estate planning for many of our clients. Individuals in high risk professions (such as corporate executives, physicians, and high-profile athletes and entertainers), as well as clients concerned with potential claims and lawsuits resulting from divorce, former employees, accidents and rising health care costs, engage Perrin Legal for sound advice regarding the protection of their assets. With the tremendous amount of wealth that is expected to be transferred from older to younger generations in the near future, many combine a concern for protecting assets with an interest in estate planning.
We help our clients protect their hard-earned assets from potential litigation, creditors, future spouses, future bankruptcies, and frivolous lawsuits. Asset protection planning is not achieved by any one specific strategy – nor is there a one-size-fits-all solution. There are many different strategies to protect your assets while you are alive and to protect your loved ones after you are gone. We assist you in weighing the steps you can take to minimize your risks so you can develop a solid, effective asset protection plan that preserves your wealth.