In today’s highly litigious society, people seem to file lawsuits over just about anything. And even if the suit seems ridiculous, you can never be sure what a jury might decide. No wonder asset protection planning has become such a rapidly growing area of the law. At the Oakley Law Group, we can design an effective plan to help you accomplish two main and very important goals: Protecting you and your spouse from predators looking to make a claim on your assets while you are alive, protecting a deceased spouse’s assets from a possible remarriage of the survivor and ensuring those assets will go only to the surviving spouse and children, and protecting your children’s inheritance against creditors and predators after you are gone.
The plan we design for you can protect your child’s inheritance should he or she get divorced. When you consider that 50 percent of all marriages today end in divorce, this is no minor consideration. In addition, your grandchildren may need protection for their inheritances against the prospect of your child’s death and the remarriage of your son-in-law or daughter-in-law. Sadly, some children even need protection from their own poor decisions if they are not ready or able to handle a large inheritance.