Asset Protection, Inc
Our mission is to ensure continuing customer satisfaction by providing a fast and friendly service with high quality products that can be relied upon. We aim to reinforce this approach to quality assurance throughout Asset Protection, Inc and our administrative teams are dedicated to ensuring trouble-free and efficient business. We accomplish these goals by using the highest of standards and ethical practices. – Michael J. Walstrom, Chairman
Asset Protection & Estate Planning
The concept of asset protection, in various forms, has been around for many years. The wealthiest American and European families have always structured their holdings to insure that their wealth would remain intact and inviolate as it passed from one generation to another.
Family Limited Partnership
Creating a Family Limited Partnership is the most important part of your asset protection plan
The cornerstone of almost every asset protection plan is a device known as the Family Limited Partnership(FLP). The FLP has been used by tax lawyers for many years as a vehicle for recurring family income and estate taxes. Recently though, the FLP has gained considerable attention for its ability to allow an individual to maintain complete control over family assets while successfully protecting the property from lawsuits and claims.
Offshore Asset Protection Trust
Clients who wish to achieve the greatest protection and flexibility generally will prefer to use what is known as an Asset Protection Trust. This is a trust which is created under the laws of a foreign jurisdiction in order to achieve certain advantages which cannot be accomplished with a domestic trust.
Naveda Corporations
BEING SUED?
A line of credit from a Nevada Corporation can put you in a no assets position.
Having no assets is the most effective method to arbitrate and reduce satisfaction of an existing judgment. Settle for pennies on the dollar.
Living Trust
The living trust is most commonly used to avoid probate, provide durable powers of attorney, healthcare powers of attorney, last will and testament, death with dignity, and directives to physicians. In the asset protection plan the living trust is most commonly used as the limited partner, holding a 98% limited partnership interest.
