New York City asset protection attorney Kristine M. Carranceja-Gurski releases a new article (https://matuslaw.com/estate-planning-attorney-new-york-city/asset-protection-lawyer/) that explains the role of an asset protection attorney. The lawyer mentions that building up a person’s wealth and estate can take almost all of their life. However, without a comprehensive asset protection plan, this wealth and estate may be taken away due to unforeseen events.
According to the New York City asset protection attorney, “No matter the size of your estate, your assets can become a target for creditors or lawsuits. Asset protection is a way to safeguard them and keep them out of reach of creditors while keeping them available for yourself and your heirs and beneficiaries.”
The lawyer explains that whether the assets are owned by someone personally or their business, having a comprehensive asset protection plan helps them prepare for unexpected events. Asset protection helps the individual take advantage of legal vehicles and laws that keep those assets safe.
Attorney Carranceja-Gurski discusses that protecting someone’s wealth is very important, especially because they worked so hard to create it all their lives. People who have a lot of wealth may become targeted by those who know how to take advantage of unprotected assets. This is why it is very important for someone to proactively protect their assets from future claims by lawsuits and creditors.
In the article, the asset protection lawyer explains that having a skilled asset protection lawyer may be able to help the client put together a comprehensive asset protection plan. They may be able to offer the client options on how they want to use their assets and how they want to access them if they need them.
“Proactively protecting your assets is essential. For asset protection measures to be effective, they must be implemented before the need arises. Once there is an active lawsuit or claim, any asset transfers can be challenged, and claims of fraud can make a difficult situation even worse,” says attorney Carranceja-Gurski.
Lastly, the asset protection lawyer explains that it’s very important to seek the help of an experienced asset protection lawyer. A skilled lawyer may be able to help the client choose the plan that suits them best.
About The Matus Law Group
The Matus Law Group has a team of asset protection lawyers who are committed to helping families and individuals in asset protection transactions in New Jersey and New York. Through a team approach, they work hard to help their clients with their estate planning needs. Call The Matus Law Group today at (929) 412-1808
Although many people believe a will is only necessary for high net worth individuals, this is simply not the case. If you own any assets at all, you should probably have a will drafted by an attorney. To make an appointment, call now (929) 412-1808.
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