At the law office of Grazi & Gianino, our business lawyer knows the intricate matters of asset protection. We have handled many such cases under a wide variety of topics.
The necessity for asset protection planning has never been stronger. It is evident that liability can arise from professional negligence such as a physician’s medical malpractice or errors and omissions by accountants, engineers, architects, small business owners, the ownership of real property, known as “premises liability”, tax or contractual obligations, as a result of the imposition of criminal or civil fine or penalty, divorce and other domestic relations disputes and in tort for negligent or intentional behavior. There also is a growing liability exposure for one who has done no wrong. These situations involve either strict liability or vicarious liability, and there are an increasing number of Plaintiffs lawyers who are pursuing such actions. An experienced Florida asset protection attorney is critical to proper planning to avoid the loss of your assets to such liability claims, regardless of the validity of those claims.
No single asset protection planning technique can provide all the protection that an individual needs. No two individuals have the same factual circumstances, goals and objectives, risk tolerance levels, or asset composition. Each individual must look at the various alternatives that provide the level of protection that is available and that is compatible with their own circumstances and tolerance for complexity. In each case, tax considerations, both income and estate (and gift), must be considered before any action is taken. In every case where implementing an asset protection plan or technique is involved, careful analysis of the potential impact of the fraudulent transfer (sometimes referred to as the Fraudulent Conveyance Act) act is required.
Only after considering all economically feasible alternatives, and all of the advantages and disadvantages of each one, can an individual decide which course of action is most appropriate for that individual’s peculiar circumstances and needs. An experienced Florida asset protection lawyer can help you develop a plan that will allow you maximum asset protection planning, and allow you to continue conducting yourself and your business enterprise as you have historically.
If you or your company is in need of legal advice and/or representation for an asset protection matter in Stuart, FL or Martin County, Fort Pierce and Port St. Lucie or St. Lucie County, Vero Beach or Indian River County, Okeechobee or Okeechobee County, West Palm Beach or Palm Beach County, or surrounding areas, please call the Stuart, Florida business attorney of Grazi & Gianino now at (772) 286-0200.