Asset Protection Attorney in Roseville, Sacramento County, and Placer County

Protecting your assets from potential threats—whether from creditors, lawsuits, or unforeseen liabilities—is crucial in today’s litigious environment. At NewPoint Law Group, LLP, our asset protection attorneys specialize in helping individuals, families, and business owners secure their property and wealth, ensuring peace of mind in uncertain times.

Why Asset Protection Matters

If you're a professional such as a doctor, dentist, accountant, or business owner, you may face significant legal risks. Without a tailored asset protection strategy, your personal and business assets could be exposed to lawsuits or creditor claims. Property owners, investors, and even high-net-worth individuals are also at risk from frivolous claims. Protecting your assets isn’t just about safeguarding what you’ve worked for—it's about ensuring your future financial security.

Custom Asset Protection Plans

At NewPoint Law Group, LLP, we understand that no two situations are alike. We develop customized asset protection strategies designed to address the unique needs of each client. Whether you're facing legal exposure from your profession, looking to safeguard your investments, or planning for retirement, our asset protection attorneys will work with you to create a comprehensive plan.

Estate Planning and Business Formation

A solid asset protection plan often begins with estate planning. We can help establish wills, trusts, and durable powers of attorney to ensure your assets are well-protected. If you run a business, forming the right entity—such as a corporation, limited liability company (LLC), or partnership—can also minimize personal liability. Additionally, having adequate insurance coverage, such as umbrella policies, adds another layer of protection.

Advanced Trust Solutions

For clients seeking more advanced strategies, our asset protection attorneys are well-versed in sophisticated estate planning tools, including Grantor Retained Annuity Trusts (GRATs), Charitable Remainder Trusts (CRTs), and Irrevocable Life Insurance Trusts (ILITs). These vehicles can help protect assets not only for you but for future generations by shielding them from creditors and legal claims.

Safeguarding Vulnerable Assets

Some assets are naturally more protected against creditor claims than others. For example, retirement accounts and pension funds are often shielded from creditors under federal and state laws. By moving assets into protected categories, we can help you create a secure and resilient financial plan.

Avoiding Common Pitfalls in Asset Protection

There are several ways an asset protection plan can fail, including claims of "piercing the corporate veil," fraudulent transfers, and reverse piercing claims. Our attorneys ensure your plan is structured properly to prevent these pitfalls, keeping your business assets distinct from personal assets and steering clear of transfers that could be deemed fraudulent. It’s essential to act early - waiting until creditor claims arise may invalidate your protection efforts.

Leveraging Bankruptcy Laws for Protection

In some cases, bankruptcy laws can offer significant protections for both individuals and businesses. Our firm’s close partnership with The Bankruptcy Group ensures a seamless approach when bankruptcy law needs to be integrated into your overall asset protection strategy.

The key to successful asset protection is advance proactive planning. If you are interested in obtaining more information, please contact NewPoint Law Group, LLP for a free consultation by calling 800-358-0305 or message us online. We can work with you to achieve your goals.