MARC J. SOSS, ESQ.
(941) 928-0310
SARASOTALAW.BIZ
(941) 928-0310 | mjs@sarasotalaw.biz
1 S. School Ave., 5th Floor, Sarasota, FL 34237
Many Sarasota and Manatee County Florida residents A Sarasota and Manatee County Florida resident needs asset protection if they: (i) are facing a lawsuit, lien or garnishment of wages; (ii) are in a profession with a high degree of liability (doctor, lawyer, financial advisor, landlord, real estate developer, real estate investor); (iii) are a debtor and/or a guarantor; (iv) have accumulated, or are about to receive, significant wealth (inheritance, investment or business success); (v) the value of your home has been reduced to less than the amount of your mortgage; (vi) are having trouble meeting your mortgage or other loan payments; or (vii) are concerned about the financial viability of your business.
ASSET PROTECTION PLANNING
have the misconception that in order to engage in asset
protection planning they must have significant wealth. Our
Sarasota and Manatee county clients range from retirees
seeking to preserve their assets for their children and
grandchildren; entrepreneurs seeking to protect their assets from the risks associated with a business venture or lawsuit; individuals seeking to protect their assets from under water real estate deals, mounting medical bills; and mega-wealthy individuals. In today’s current economic times, Sarasota and Manatee County Florida residents should be concerned about the protection and preservation of their assets and the threat of creditors taking their assets is real and frightening and transcends all levels of personal wealth.
Techniques that are commonly used are: (i) Tenants by the Entirety; (ii) Family Limited Partnerships; (iii) Life Insurance; (iv) Premarital Agreements; (v) Postnuptial Agreements; (vi) Head of Household status; and (vii) Florida Statutory Exemptions. Feel free to contact me directly to learn more about the options available to you.