Print This Article Post Comment Add To Favorites Email to Friends Ezine Ready

The Casper P. Connolly & Associates Law Firm - Leader In Asset Protection Planning

By: Home | Finance | Real Estate


For over 34 years, the Casper P. Connolly & Associates Law Firm has been a leader in providing Asset Protection Planning services to its clients to properly protect them from the ever increasing frivolous lawsuits and unwarranted legal actions that often arise in today's society. Proper and effective asset protection planning services are vital, as the Casper P. Connolly & Associates Law Firm has discovered over the years that many individuals have been mislead or misinformed by unscrupulous promoters concerning the need for proper asset protection, estate planning and wealth preservation planning. They have reviewed over 1000 estate planning and asset protection structures only to find that over 95% of them were inadequate and failed to provide the maximum protections available under current law.

The Casper P. Connolly Law Firm and its associates have an in-depth understanding of asset protection planning, tax-planning and estate preservation and have always provided its clients with the highest degree of protection and privacy for all of their business and financial affairs.

Asset protection planning structures may include limited partnerships, domestic and/or offshore limited liability companies, charitable remainder trusts, irrevocable life insurance trusts, domestic asset protection trusts and/or offshore asset protection trusts. The success of such vehicles depend upon how much protection is provided by the type of asset protection vehicle, how well the documents are drafted, whether the structure is properly and fully implemented, and where [state or country] the entities are domiciled. Thus, proper asset protection vehicles not only protect assets against an unfavorable judgment by a future creditor it also reduces the risk that an individual will be sued in the first place.

One highly popular vehicle being utilized is a specially-designed Domestic Asset Protection Trust ["DAPT"] structure. However, to be successful one must use the services of a law firm experienced and highly qualified in the areas of domestic tax, tort and asset protection law. Another is the Offshore Asset Protection Trust ["OAPT"] structure which is an effective barrier against future creditor's claims because the laws of certain offshore trust havens make it much more difficult for creditors to obtain jurisdiction over, or to levy against, an OAPT, even if the settlor retains an interest in the trust income or property.

Counsel Casper P. Connolly has been practicing law in the State of Michigan continually for 37 years. He obtained his Juris Doctor degree from the Detroit College of Law and his B.A. from Wayne State University. His law practice concentrates upon Estate Planning, Elder Law, Probate matters and Asset Protection.

For the client’s vital asset protection planning, estate planning and wealth preservation structures and services, he/she can contact the Casper P. Connolly & Associates Law Firm. They have years of experience and expertise to help a client properly protect his/her assets and estate from the threat of lawsuits, legal actions and a host of other possible problems. Their carefully designed structures will give the client and his or her family present and future peace of mind and security. The Casper P. Connolly & Associates Law Firm offers a free 20 minute phone consultation. Call 989-539-3996 or visit Professionalassetprotectionservices.



Article Source: http://www.eArticlesOnline.com

About the Author:
The Connolly Law Firm has 34 years of experience drafting effective financial and asset planning documents. They use their experience to ensure that you are well protected in any of your financial investments around the world. For more information, please visit www.professionalassetprotectionservices.com.

Tags: , , , , ,

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Real Estate Articles Via RSS!

Recent Related Articles From Real Estate

  • Estate Planning Is Important Even If You're Not Rich - Here's Why.
    By: Shane Flait | Nov 7th 2009
    Those of you who aren't wealthy, generally think that estate planning is only for the rich. But on considering a few simple questions and seeing what can happen to your wealth, you might reconsider having no estate plan. This article gives a few simple examples of why estate planning is necessary for almost everyone. Read

  • Estate Planning Addresses Your 5 Basic Questions In Later Life
    By: Shane Flait | Nov 8th 2009
    You may have heard about estate planning. Your estate is composed of everything you own - and that includes yourself. But what is the 'planning' really about and should you be concerned getting it done? At some point later in life you decide that you should make provisions for both you and your estate. This article address ... Read

  • Tips On Easy Estate Planning
    By: Kris Koonar | Sep 4th 2007
    Estate planning is largely done based on the tax exemptions and taxes payable. The federal tax exemption that is granted at present is set at $2 million. This means that those who have assets below this amount are safe and can do as they please. Read

  • Estate Planning For Special Needs Children- Special Needs Trusts
    By: Kris Koonar | Sep 5th 2007
    Planning and safeguarding the future of special kids requires in-depth knowledge of the federal laws that concern government benefit eligibility and the legal credentials such as trusts and guardianships. Read

  • Should I Beware Of
    By: Nitesh Patel | Nov 26th 2009
    California is experiencing an explosion of promotions by unqualified individuals and entities which only have one real goalâ€"to gain access to your finances in order to sell insurance-based products such as annuities and other commission-based products. Read

  • Choosing The Right Estate Plan
    By: Kris Koonar | Sep 4th 2007
    Estate planning is very vital and there are several reasons that make it important. Generally Americans avoid making a will and don't think about making any comprehensive plan to avoid estate taxes or avoid any probate. Read

  • Financial Planning And Its Benefits
    By: Wesley Watkis | Sep 17th 2009
    If you worry about money, you are not alone nearly as alone as you think you are. A recent financial poll demonstrated that two-thirds of respondents felt anxious about their long-term financial situation, yet less than half of that actually seek formal help in making changes to their bottom line. Read

  • Using Trust As An Estate Planning Tool
    By: Kris Koonar | Sep 4th 2007
    In many states, like California for example, a living trust, in most cases, would not require judicial intervention, better known as probate. This will saves you from increased costs that are incurred due to legalities. Read

  • The Role Of A Cpa In The Estate Planning Process
    By: Kris Koonar | Sep 4th 2007
    CPA(Certified Public Accountant) is a designation, which is offered to qualified accountants who apparently clear the Uniform Certified Public Accountant Examination conducted by the United States. These accountants have to posses the mandatory state educational prerequisite as well as know-how. Those who clear the exam are ... Read

  • Estate Planning: Having Faith In Your Legacy

    A trust may be one of the best options for ensuring your memory lives on. Here are two that may be right for you. Read


Copyright © 2005-2011 eArticlesOnline, LLC - All Rights Reserved
Terms of Service | Privacy Policy