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Are you involved in a business venture that makes you personally liable for the business’s obligations? Do you foresee difficult times ahead in meeting all of your financial obligations? What if we told you there is a way that you can protect your house and other assets, provided you are proactive?
The attorneys at the Las Vegas law firm of Ken R. Ashworth & Associates have more than 30 years of legal experience helping people develop comprehensive estate plans. You can rely on us to handle your financial affairs with integrity and credibility in order to help you achieve the best results. Contact us online or call 702-893-9500 to schedule an initial consultation.
A self-settled irrevocable trust holds your assets and property, and names someone else to help manage those assets. You would be considered the beneficiary under this type of trust. The result is that your property and assets will be protected from foreclosure or lawsuits against you, so long as the trust has been established for at least two years.
Our lawyers can explain the benefits and drawbacks of a self-settled trust. If it is determined that this is not the right option for you, we can explore other estate planning tools that are designed to help avoid probate and provide protection for your assets.
To learn more about various asset protection tools, contact us online or call 702-893-9500 to schedule an initial consultation to discuss your needs.