Ten Asset Protection Strategies Every Florida Resident Should Consider

Asset protectionWe live in a litigious society where anyone’s assets are at risk. Doctors, lawyers, accountants and other professionals face the risk of having to defend themselves against potential malpractice claims. Defamation claims are on the rise now that people are freely posting statements on the internet. Corporate officers and directors also face the risk of being held personally liable for poor decisions that cause a company to have losses. This being said, there are several asset protection strategies that you should consider. In doing so, it is important to speak to your attorney, accountant, and/or financial advisor to ensure that these strategies compliment your long-term objectives. It is also important not to use these strategies in an effort to defraud a creditor. Continue reading