Animated Video: What is an Asset Protection Trust?
An Asset Protection Trust is the best tool for protecting your property from lawsuits. By creating an Asset Protection Trust you can eliminate the economic incentive for anyone to sue you. This short animated video provides an overview of how an Asset Protection Trust works.
An Asset Protection Trust is a Trust that…
You can place your property into.
You remain the beneficial owner of the property.
But, if you are sued, Trust property cannot be used to satisfy a lawsuit judgement.
By creating an asset protection trust…
You can reduce the chances that you are sued because it isn’t worth a plaintiff’s time to sue you since they’ll get nothing in the end.
And if you are still sued, then your trust property will remain safe from any lawsuit judgements.
The only warning is that you must create your Asset Protection Trust before even the mere threat of a lawsuit appears. So, don’t wait any longer. Call Mile High Estate Planning right now to create your Asset Protection Trust.