Throughout their lives, many people accrue assets. It is best to invest in protecting their assets, from financial success to real estate, and everything in between. In the event of a divorce or perhaps just to shield assets from creditors or keep them out of the equation if a lawsuit should ever happen, it is important to protect the assets you have worked hard to attain. However, people should consider overall protection for their assets, not just segmented protection. To discuss asset protection is what we at Advanced Private Investigator & Security of Miami, FL would like to do today.
Protect Assets from Creditors & Others Now
The old adage “an ounce of prevention is worth a pound of cure” holds true when it comes to the topic of asset protection. Before you even realize the depth of what is happening, using the law to commandeer your hard-earned assets creditors could be at your door. Prior to creditors or other deviants coming your way, you can steer the law to your own side and protect your assets. You need a professional on your side to prevent an attack on your assets and safeguard them where you may feel you have done some of the proper steps to protect your assets. When it comes to protecting your assets, if you wait until it is too late, you can do nothing and anything you try can be illegal. You will likely be powerless to do anything about it once someone or an entity has set a claim in motion. The asset in question could be put you in further legal jeopardy and trying to get any estate planning measures in place would not be applied due to any property transfers, for example.
Trust is Best Way to Protect Personal Assets
With the help of an asset protection service delivered by a professional, your property and wealth can be safely and legally put into a trust or other suitable entity in your favor that keeps it safe. When the asset is separated from your individual person, you are spared from any claim that future creditors or other personas may have. While still being legally entitled to your wealth, your assets are safeguarded with professional assistance, in a nutshell. With a properly created trust that can still give you abundant control of your assets, including the ability to refinance, sell, place a mortgage upon, and divide.
What are Considered Protected Assets?
Though not limited to, the following are a few examples of protectable assets include:
1) Retirement Accounts; like 401(k), IRA, etc.
2) Real Estate, such as primary residence, investment properties, vacation homes, raw land, etc.
3) Liquid Assets; including savings and checking accounts money market accounts, etc.
4) Personal Possessions; including motor and recreational vehicles, boats, life insurance policies, jewelry and collectibles, etc.
Private Investigator & Security Services in Greater Miami, Sunny Isles, Fort Lauderdale, Boca Raton & Miami Gardens Florida
For all of your asset protection and estate planning needs for the sake of your financial security, it is crucial to contact a trusted professional, such as Advanced Private Investigator & Security of Miami, FL. For both you and your loved ones, our team of specialists can ensure the safety and security of your financial future. To learn more about our asset protection services, call Advanced Private Investigator & Security of Miami, FL today.
