Asset Protection

If you're a litigation target, Hebert Schenk's domestic and offshore asset protection and wealth preservation attorneys can help you keep what you've worked so hard to achieve

You “have it all.” A profitable business or professional practice. A beautiful home. A growing investment portfolio. Your children in excellent schools. Dream vacations with your spouse.

Your dream can become a nightmare in an instant, as a defendant in a huge lawsuit. Even if you did nothing wrong, the risk of attorney fees and emotional wear and tear can be enormous. The threat to your estate from creditors' claims can take many forms: litigation, divorce, catastrophic medical costs, a money judgment that exceeds your insurance limits and leaves you on the hook for a ruinous financial obligation.

In this legal climate, in Arizona and elsewhere, you must take decisive, preventive action to protect yourself and your assets from lawsuits and future creditors. Once a lawsuit has been filed it is too late for lawyer-assisted planning. You must act ahead of time to protect your estate before it comes under attack.

If you are a business owner, a professional, a corporate officer or director, a general partner, or a “deep pocket” target of litigation, in Arizona or elsewhere, you should consider the benefits of creating an asset protection plan, guided by an experienced Phoenix law firm such as Hebert Schenk P.C.

From our Phoenix offices, the Hebert Schenk law firm's asset protection and wealth preservation planning lawyers can create domestic and offshore (also known as "foreign" or "international") trusts, legal entities and structures and provide other planning to shield accumulated wealth from unforeseen claims and risks, including unnecessary taxes.

Offshore. Many asset protection plans can be comprised solely of domestic strategies and structures. However, if your asset protection objectives can best be achieved by including an international strategy, Hebert Schenk attorneys can assist you with that as well.

Not long ago, “going offshore” was considered the exclusive asset protection province of individuals of enormous wealth, dubious motives, or both. But as concerns over litigation and regulation have grown, and as Congressional unpredictability has confounded traditional estate and tax planning methods, more and more successful people like you are finding legal security and peace of mind through sound, well conceived, international asset protection planning strategies.

Created by an experienced law firm, an international or foreign trust can be a supplement to, or a total substitute for, a traditional domestic estate plan. It can legally insulate your assets from lawsuits, discourage creditors and their lawyers, preserve your privacy, and significantly expand your investment opportunities. ●