What Are Some Risks Involved In Engaging In An Asset Protection Plan?

Coleman Law Firm

Attorney Jeffrey P. Coleman details a few risks associated with asset protection plans when they are not properly composed. 


Video Transcript:

There are some risks associated in asset protection plans. If they are not properly constructed: you could lose control of your assets. If they are not properly constructed: your assets could be placed in risk rather than the opposite of what you were trying to seek; and if it is not put together properly: individuals could assert that assets were transferred fraudulently, which would be the worst; you could be exposed to liabilities and no longer have control of the assets.

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