Asset Protection Lawyers in Wichita, Kansas
A Wichita asset protection attorney at Larson, Brown & Ebert, P.A. can help you protect what is yours from unfounded lawsuits and other dubious claims. We offer asset protection and estate planning services to our clients throughout the Wichita area.
How our team protects your assets depends on your circumstances, needs, and personal finances. At Larson, Brown & Ebert, P.A., we work with you directly to identify and implement asset protection strategies that align with your goals and needs.
You can schedule a consultation now with an experienced Wichita asset protection lawyer. Before any risk poses a threat to your assets, call Larson, Brown & Ebert, P.A. at 316-530-8621 .
What Can Larson, Brown & Ebert, P.A. Do For You?
We can protect your assets by legally insulating them from lawsuits and collection activities. We do this by transferring ownership of your assets so creditors and judgment holders cannot access them.
Several tools can establish a legal barricade between you and your assets or transfer assets to limit your liability. A Wichita asset protection lawyer at Larson, Brown & Ebert, P.A. can help you identify the best ways to protect your assets and properties.
Buying insurance is the first step in asset protection for many people, but your policy may not provide the full protection you need. A limited liability company (LLC) or a trust can provide that full protection. After a consideration of your financial circumstances and needs, a Wichita asset protection attorney can determine if you need the protection of an LLC, a trust, or both.
How Do LLCs and Trusts Work?
LLCs and trusts offer several advantages. A limited liability company protects the LLC’s owners (“members”) from liability. If you own a sole proprietorship or partnership, establishing a limited liability company can protect your personal assets against creditors and liability claims.
A trust is a binding financial and legal document you create with an attorney’s help. The “trustor” who establishes the trust selects a “trustee” to hold title to the trustor’s properties and assets for one or more beneficiaries.
Different types of trusts can accomplish different asset protection goals. A trust can guard your assets against creditors and spurious lawsuits. Depending on the type of trust, a trust may also lower your taxes or let your beneficiaries and your estate avoid probate after your death.
When Should You Call an Asset Protection Attorney?
Effective asset protection in Kansas must be established before properties or assets are placed at risk by a collection activity or a lawsuit. You should act now and schedule a consultation with Larson, Brown & Ebert, P.A. before your assets are threatened.
If you transfer assets to obstruct a collection effort or avoid a judgment after a lawsuit has been filed, a court may consider the transfer a “fraudulent conveyance” and void it, and your assets will remain at risk.
What More Should You Know?
Effective asset protection planning means transferring your wealth to a location where creditors and lawsuits cannot access it. An asset protection attorney at Larson, Brown & Ebert, P.A. can help. We advise clients throughout the greater Wichita area.
Asset protection ensures that a creditor or a lawsuit doesn’t wipe you out. If you have a family or own a home, a business, or any significant assets in Kansas, schedule a consultation with Larson, Brown & Ebert, P.A. to discuss trusts, LLCs, and your other options for protecting what is yours.
Call our law office at 316-530-8621 to schedule your first consultation with the award-winning asset protection team at Larson, Brown & Ebert, P.A. Let us help you protect the wealth you’ve worked so hard to earn.
