Avoid Unforeseen Financial Risks
At Dominick Feld Hyde, we help our clients avoid unforeseen financial risks by planning the access, control, management and ownership of individual, family and business assets to preserve the value of our clients’ assets and diminish the risk of creditor claims.
Transfer of Assets and Entities
An asset protection plan includes one or more lawful transfers of assets and the creation of entities or other structures to hold assets. This protection plan reduces the ability of unforeseen future creditors to reach transferred assets. Further, the use of trusts as a part of estate planning can protect assets inherited by family members for many generations.
Legitimate asset protection planning doesn't involve hiding assets, making secret agreements or creating fraudulent transfers. Asset protection planning combines sophisticated business planning and estate planning techniques that result in wealth preservation.