Asset protection planning is not a do-it-yourself endeavor or something you should take lightly. Utah’s asset protection statutes provide a wide array of creditor and liability protection if your assets are in the right kind of trust or entity. However, if these trusts are not drafted or maintained properly, the papers are simply something to help you sleep at night that will be completely ineffective when it really counts.
At Melling Law, we work with your accounting and financial advisors to create an asset protection plan that is tailored to your personal situation. While asset protection trusts offer broad protection, the initial and ongoing obligations of such trusts can be inappropriate for many clients. In such cases, we can offer protection to businesses through corporate structures and annual liability reviews.
Schedule a Consultation today to find out how we can help you.
Call us at (435) 572-0807