Should Fraudulent Conveyance Impact Your Asset Protection?
The possibility that a creditor might allege fraudulent conveyance should not stop you from planning asset protection. The Constitution gives you the right to control and/or transfer your property prior to a judgment in a civil suit. (Unless ordered by a court). You have little or nothing to lose by planning to protect your property even if some planning might be reversed later because a court can only undo the transfer or sale and not increase damages that have already been awarded.
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