Asset Protection Services & Attorney Georgia

1. Understanding Asset Protection in Georgia A smarter way of protecting your assets with the help of a asset protection and planning service from professional Asset Protection Attorney in Georgia.

2. What does Asset Protection mean? Asset Protection, which can also be called debtor-creditor law, is a legal set of techniques which deals with the protection of assets through a body of statutory and some common laws. It covers both individual and business entities. Some highlights about asset protection are: • Protecting assets from any sort of liabilities arising from anywhere. • The main aim is to insulate assets from claims of creditors. • It covers both personal and professional (business) entities.

3. 6 Quick Strategies to Protect your Assets • Do you have a liability insurance? Have one, get it now and increase your liability insurance. • Cover your personal circle under your liability insurance. • You can also choose to increase your liability limits as per discussing it your asset protection service provider • Differentiate between your personal and professional assets and keep them separate. • If you have a join account with your spouse or business partner, then try keeping it separate or give it a clear definition. • Keep your individual and business assets separate from one another.

4. 6 Quick Strategies to Protect your Assets • Stay away from renters: • If you have rented a property of business purposes, then create a business entity with LLC or corporation to protect it. • Protect yourself from unnecessary rental stress by discussing the issue with your Asset protection attorney in Georgia. • Keep a close check in your joint assets. • Joint properties hold the utmost risk, especially when you enter them with your family, friends, partners, etc. • Clearly define the agreement of shares and responsibility in joint assets.

5. 6 Quick Strategies to Protect your Assets • Give a formal shape to your informal associations and partnerships. • There is absolutely no need to enter into an informal association or partnership with your business partner. It is a ticking bomb that can explode anytime. • Talk to your asset protection attorney and give a legal cum formal shape to your business association. This is by far the best way to run out of the risk of your partner’s mistake. • Shield your business entities with a proper structure. • There is always a proper way of shielding your business with a proper legal structure. Learn about it and give your business a proper shape. • The structure depends on whether your business is ‘sole’ i.e. individually run by your or it is a partnership agreement.

6. 7 Quick Rules to Protect your Assets • Start your protection plan now (before a claim is raised) • Don’t wait for the crisis to stuck you in a ‘dead’ situation. • Don’t mistake asset protection as a clear substitute to an insurance plan. • Learn to differentiate between personal and business assets • Give a clear definition to your offshore money too. • Learn to give a well defined definition to your assets. • Accept the truth that ‘you cannot control everything’. Thus, spend time with your asset protection attorney to understand the situation in a professional manner.

7. For Any Further Assistance in Asset Protection Services..... Reach Us At: Liberty Street Advisory Group 135 St. George Place, Athens Georgia 30606 United States Visit Online - https://www.libertystreetadvisorygroup.com/ Call At - 706-207-0401 THANKS!!