asset protection lawyer Oak Brook, IL

If you get sued or divorce, your assets are vulnerable. Don’t risk losing everything you have worked so hard for. Create financial stability for you and your family with the help of Bott & Associates, Ltd. Meet with an Oak Brook, IL asset protection lawyer as soon as possible to begin crafting a customized plan that safeguards your assets from litigation. Call now to set up a free consultation and learn all of the benefits of hiring our dedicated and experienced attorneys.

What An Asset Protection Lawyer Does

Our asset protection lawyer reduces the risk of creditors or lawsuits going after valuable holdings such as:

  • Home or other real estate
  • Vehicles, including cars, boats, and motorcycles
  • Intellectual property like patents, copyrights, and trademarks
  • Stocks and other investments

If you fall into significant debt, are listed in a liability claim, or enter a legal separation from your spouse, there is a chance that your assets will be seized or divided up by the courts. Our asset protection lawyer prevents this from happening by setting up legal shields so that your tangible and intangible property isn’t at risk.

Additionally, our asset protection lawyer can suggest how to optimize your assets by reducing taxation and creating a more streamlined inheritance process for your loved ones.

Ways An Asset Protection Lawyer Can Help You

There are several ways you can protect your assets from litigation. If you are a business owner, our attorneys may recommend setting up an LLC which may limit your personal liability if something goes wrong in your company. Otherways our asset protection lawyer might suggest safeguarding your capital is the form of a trust or establishing a homestead. In addition, there are several state laws that protect retirement accounts, life insurance, and annuities.

Our Oak Brook asset protection lawyer learns about you and tailors a plan that addresses your unique circumstances. Depending on your concerns and liabilities, we will advise alternate strategies that safeguard your assets. Situations that could put your assets at risk include:

  • Divorce, especially if there is not a pre or postnuptial agreement
  • Personal liability claims and lawsuits
  • Bankruptcies
  • Lawsuits against the company to which you are the owner

Furthermore, our asset protection lawyer can help safeguard your holdings after your death. If you do not have a legal estate plan in place, all of your money, assets, investments, and property goes to probate. Working with our attorneys now can help your family avoid probate and get your finances passed down to loved ones faster.

Overall, asset protection is an invaluable tool that should be part of every effective estate plan. There are too many opportunities for your hard-earned legacy to be attacked. For peace of mind and assurance that your family has financial stability, retain our experienced asset protection lawyer.

Our team at Bott & Associates, Ltd has over twenty years of experience helping families safeguard their assets and wealth. We offer a comprehensive suite of estate law services, including financial advice, money management, estate planning, and asset protection. Call our office today to schedule a consultation with our Oak Brook asset protection lawyer. Learn what options you have to safeguard your finances from lawsuits, creditors, and bankruptcy. Don’t leave your family’s financial future up to chance. Let us help you protect your wealth with a customized asset protection plan now.