{"id":167,"date":"2023-11-08T01:19:44","date_gmt":"2023-11-08T01:19:44","guid":{"rendered":"https:\/\/thecowanfirm.com\/WP\/?page_id=167"},"modified":"2023-11-15T20:58:19","modified_gmt":"2023-11-15T20:58:19","slug":"asset-protection","status":"publish","type":"page","link":"https:\/\/thecowanfirm.com\/WP\/asset-protection\/","title":{"rendered":"Asset Protection"},"content":{"rendered":"\n<p>Asset protection planning is a process by which a business, individual and\/or family organizes their financial affairs in such a manner as to safeguard assets from the risk of exposure. The process of asset protection involves transferring the assets from an unprotected form of ownership to a protected form of ownership. The protected form can be one of many asset protection vehicles such as limited partnerships, corporations, certain kinds of trusts, limited liability companies and other such entities. Protecting assets can also entail the process of transferring vulnerable assets into exempt assets to the extent permitted by the individual states.<\/p>\n\n\n\n<p><br>Asset protection planning is also an important step in the estate planning process, regardless of age, health, and wealth. This is because proper asset protection strategies can help ensure your surviving family and friends will have access to the financial support they may need while minimizing the potential stress and problems that may arise after you pass. Asset protection planning can also protect you and your assets while you are alive. Asset protection serves as a barrier between you and your creditors if you are getting sued, going through a divorce etc.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><a href=\"https:\/\/forms.gle\/13b4ZuGDhWCAV5XHA\">Register Now-Free Asset Protection Seminar<\/a><\/p>\n\n\n\n<div class=\"wp-block-group alignfull has-background\" style=\"background-color:#00000008;padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--40)\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-141b4844 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group alignwide is-content-justification-space-between is-layout-flex wp-container-core-group-is-layout-0d19cf55 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group wp-container-content-9cfa9a5a is-content-justification-left\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-8c890d92 wp-block-group-is-layout-constrained\">\n<p class=\"has-text-align-left\" style=\"font-size:0.9rem;font-style:normal;font-weight:600;letter-spacing:1px;text-transform:uppercase\">Search<\/p>\n\n\n<form role=\"search\" method=\"get\" action=\"https:\/\/thecowanfirm.com\/WP\/\" class=\"wp-block-search__button-outside wp-block-search__icon-button wp-block-search\"    ><label class=\"wp-block-search__label screen-reader-text\" for=\"wp-block-search__input-1\" >Search<\/label><div class=\"wp-block-search__inside-wrapper\"  style=\"width: 100%\"><input class=\"wp-block-search__input\" id=\"wp-block-search__input-1\" placeholder=\"\" value=\"\" type=\"search\" name=\"s\" required  style=\"border-width: 1px\"\/><button aria-label=\"Search\" class=\"wp-block-search__button has-icon wp-element-button\" type=\"submit\"  style=\"border-width: 1px\"><svg class=\"search-icon\" viewBox=\"0 0 24 24\" width=\"24\" height=\"24\">\n\t\t\t\t\t<path d=\"M13 5c-3.3 0-6 2.7-6 6 0 1.4.5 2.7 1.3 3.7l-3.8 3.8 1.1 1.1 3.8-3.8c1 .8 2.3 1.3 3.7 1.3 3.3 0 6-2.7 6-6S16.3 5 13 5zm0 10.5c-2.5 0-4.5-2-4.5-4.5s2-4.5 4.5-4.5 4.5 2 4.5 4.5-2 4.5-4.5 4.5z\"><\/path>\n\t\t\t\t<\/svg><\/button><\/div><\/form><\/div><\/div>\n\n\n\n<div class=\"wp-block-group is-content-justification-right is-nowrap is-layout-flex wp-container-core-group-is-layout-b4654d8f wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-8cf370e7 wp-block-group-is-layout-flex\">\n<p class=\"has-text-align-left\" style=\"font-size:0.9rem;font-style:normal;font-weight:600;letter-spacing:1px;text-transform:uppercase\"><strong><a href=\"https:\/\/thecowanfirm.com\/WP\/\">Home<\/a><\/strong><\/p>\n\n\n\n<div class=\"wp-block-group has-small-font-size is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-d2172249 wp-block-group-is-layout-flex\">\n<p><a href=\"https:\/\/thecowanfirm.com\/WP\/faq\/\">FAQ<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/thecowanfirm.com\/WP\/forms\/\">Forms<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/thecowanfirm.com\/WP\/contact\/\">Contact<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignwide is-content-justification-space-between is-layout-flex wp-container-core-group-is-layout-256aec57 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group is-layout-flex wp-block-group-is-layout-flex\"><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-small-font-size\">Copyright 2007 \u2022 present The Cowan Firm, LC All rights reserved. Attorney Advertisement. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney client relationship has been established.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asset protection planning is a process by which a business, individual and\/or family organizes their financial affairs in such a manner as to safeguard assets from the risk of exposure. The process of asset protection involves transferring the assets from an unprotected form of ownership to a protected form of ownership. The protected form can &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thecowanfirm.com\/WP\/asset-protection\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Asset Protection&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":241,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-167","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Asset Protection -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thecowanfirm.com\/WP\/asset-protection\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asset Protection -\" \/>\n<meta property=\"og:description\" content=\"Asset protection planning is a process by which a business, individual and\/or family organizes their financial affairs in such a manner as to safeguard assets from the risk of exposure. 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