Trust our firm to help you protect your assets.
Protecting personal or business assets is essential, especially if you are in a high-risk occupation or have high-value assets. At Tarantino Law, PLLC, we can assist you with asset protection by utilizing a variety of strategies designed to safeguard assets against legal judgments, creditors, seizure, taxes, or unwanted beneficiaries such as former spouses.
There are many ways to approach asset protection based on the type of asset and your short- and long-term financial goals. One way is to transfer assets into protected entities such as LLCs, limited partnerships, or specific trusts. Others include adding an umbrella insurance policy or drafting and signing a prenuptial agreement. Some assets are even protected by law already, including certain retirement plans like 401(k)s, which are exempt and off-limits to creditors.
It is important to engage in asset protection early, not only to have peace of mind that your assets are safe but also to avoid legal issues if a lawsuit is filed against you. Beginning the asset protection process too late could be seen as a countermeasure by a jury, so it’s essential to be proactive about protecting what is yours. Our attorney — Eddie Tarantino, Jr. — will assist you in creating a strategic asset protection plan that is tailored to your specific needs and ensure you understand your plan.
If you are located in Huntersville, North Carolina, you can trust our firm to help you create a robust asset protection plan. Contact us today to schedule a consultation. We look forward to assisting you.
At Tarantino Law, PLLC, we offer asset protection services throughout the Lake Norman area, including Mooresville, Terrell, Sherrills Ford, Huntersville, Cornelius, Denver, and Troutman, North Carolina.