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Asset Advisement For people who own business property and small businesses, Asset Protection is an important part of Estate and Business Planning. Small business owners are attractive targets for people who have an eye on taking money from others, by way of the legal system. Timing is important in all business decisions. Timing is also the critical element in planning to protect your assets. If you wait to think about asset protection, it may be too late. In business, it may be too late to take effective asset protection planning measures after a frivolous lawsuit is filed, and the Sheriff has delivered a summons to court. Any property transfer which is made with actual intent to hinder a creditor can be set aside as a Fraudulent Conveyance. Asset protection planning uses lawful methods to protect your assets from claims of creditors and predators. Asset protection planning can deter people from trying to grab your property, and prevent them from taking from your resources and from your family. To make full use of these legal methods, you need to make plans before the storm hits. Business people who make time for asset protection planning before the storm have flexibility and control in difficult circumstances. |