Lehi Asset Protection Lawyer
Protecting Your Assets from Creditors, Probate & Lawsuits in Utah County
Gibson Law Firm is a renowned estate planning and asset protection law firm that helps clients protect their assets from creditors, probate, and lawsuits.
We offer a full range of asset protection options, including:
- Asset protection trusts, including living trusts and special needs trusts
- Asset protection limited liability companies (LLCs)
- Asset protection corporations
- Asset protection annuities
- Asset protection receiverships
For more information about any of these asset protection options, please call our office at (877) 540-4416 or contact us online to schedule a free initial consultation.
What Is Asset Protection?
Asset protection is a set of legal strategies that can be used to preemptively safeguard your assets—including real estate properties, financial assets, and more—from debt collection, certain taxes, and, in some cases, probate. Asset protection is a useful tool for those who want to preserve their legacies and ensure that their heirs and beneficiaries receive the assets to which they are entitled.
The key to asset protection is to separate your assets from your creditors and potential litigants. There are many strategies to accomplish this; the right option will depend on your unique situation, goals, and concerns. At the Gibson Law Firm, our Lehi asset protection lawyer can help you review your available options and find the right solution for your particular situation.
What Are the Benefits of Asset Protection?
Some of the benefits of asset protection include:
- Protecting your assets from creditors
- Avoiding probate
- Preserving your assets for your heirs
- Avoiding taxes on certain assets
- Protecting your assets from lawsuits
Asset protection can help you protect your assets from a variety of threats, including:
- Inheritance taxes
In short, asset protection allows you to effectively and preemptively safeguard your properties, income, and other assets for yourself and your heirs, dependents, and beneficiaries.