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Does Asset Protection Work?

Jacksonville Asset Protection lawyers can help individuals and families in Jacksonville and Florida with their Florida Asset Protection needs. Our Jacksonville Asset Protection Attorneys and Florida Asset Protection Lawyers work with high net worth individuals and families and those in high risk activities. The best time to implement an asset protection technique is before there is a known claim. The closer to judgment the less effective a plan will be. With timely and professional asset protection a creditors claims and or collection of a judgment can be made difficult. This can increase your leverage and increase your ability to significantly reduce claims through settlement. It is important to realize that Asset protection does not include hiding of assets or protection from income tax liabilities.

It is important to realize that Asset protection will not make you “judgment proof.” There is a difference in the ability to collect a judgment and obtaining one. It is important to being planning as soon as possible to prevent problems in the future. If you wait to long it may not be possible to protect your assets as well as if you started earlier. As you get closer to a judgment or if you know of a creditor the issue of fraudulent transfers and conveyances begins to become a factor in asset protection. You cannot give assets away to protect them from creditors. Many of the techniques that were previously used to protect assets from your spouse, IRS, or creditors through hidden accounts and trusts, no longer work.

If you think Asset Protection may be appropriate or you feel that there is a potential risk you would like to limit, CONTACT our Florida Asset Protection Lawyers by email or call us at 904-685-1200 to discuss your situation today.

Client Reviews
★★★★★
"As a real estate agent, I have been involved with many property transactions where I needed a probate attorney to help facilitate the transaction. I have used the services of Mr. Goldman and his staff over the last several years and continue to use them on a regular basis. His office has been able to navigate the court system and help estates sell their property quickly and efficiently..." Michael Starling
★★★★★
"I've had Mr. Goldman do my entire estate planning as well as my gun trust. I highly recommend him and his firm. If you're planning a gun trust, trust no one else Mr. Goldman is one of if not the best versed on this topic." Howard
★★★★★
“Attorney Robert Wilbert of David M Goldman, PLLC, will be the first and only attorney I would ever recommend to a consumer in my position. Mr. Wilbert was professional, answered my numerous questions without hesitation, provided straightforward answers and options. He explained the process thoroughly. He was available to assist before and after the process to make sure all issues had been resolved…” Kameron Knowlton
★★★★★
“Great service is an understatement. We bought several properties that Mr. Goldman handled for his clients. The communication and explanation of everything was terrific. I would definitely recommend him for all of your real estate needs.” Kassandra
★★★★★
“After struggling with 2 probate cases prior to hiring attorney Goldman I was extremely apprehensive during the hiring phase. Not only did Attorney Goldman assure me they could take care of this his office was wonderful. Jennifer was assigned to my case and she was wonderful and were able to guide another probate case I had saving me additional time and frustration. Highly recommend this office.” Debbie