Many people spend their whole lives building their wealth and investing in assets. The thought of losing those assets is terrifying, so it is important to work with an experienced Phoenix asset protection attorney to make sure your wealth is safe. At M. Kaplan and Associates, Ltd., we have over 40 years of experience working with individuals throughout Arizona to make sure their assets are protected from any unforeseen circumstances.

We work with individuals to protect their:

• Homes
• Real estate
• Stocks and bonds
• Financial investments
• Family businesses

Asset protection planning is a process by which you organize your assets–personal, business and/or professional–and employ legal tools to guard against risk of future creditors. Asset protection techniques are designed to deter potential creditors from going after you, and discourage them if they do, generally by making it difficult or impossible for them to take hold of your assets or collect judgments against you.

There is a very sharp dividing line between “legal” asset protection planning and actions to defraud legitimate creditors, which are criminal. For that reason it is essential to have an attorney guide you through the process. It is also a good idea to integrate asset protection into your estate and tax planning; and, like a portfolio, asset protection should be diversified.

If you own your own business, you probably need some sort of asset protection. Injuries on your property could lead to a lawsuit that could cause you to lose many of your assets, and insurance companies can often find loopholes to avoid paying all (or any) of the amount that is owed.