Loss of the wealth from a business can occur in many different ways. Lawsuits are one of the greatest concerns to business owners because they can come without warning and cause great harm to the existence of the company. Asset protection is a planning method that helps provide defense against insurance companies. Business asset protection is an essential part of financial planning for your company. Your business should be protected using all available methods. At Barth Calderon LLP, we can help you develop a business plan designed to protect your company from liabilities.
Ways to Prevent and Avoid Loss
Business owners can find confidence in the legal assistance that our asset protection lawyers offer. At Barth Calderon LLP, we provide legal counsel and guidance for those who need help organizing and successfully growing their company. Our team’s representation of business clients focuses on maximizing opportunities for financial success while also minimizing personal and corporate risk. Our firm also advises franchisees. Business asset protection plans can be developed by:
- Using a limited liability company structure
- Placing assets in multiple entities
- Making educated insurance decisions
- Using business asset protection trusts
Our firm can discuss the various ways that we can personally help you avoid the loss of your business’ wealth. Operating a business can be filled with risks and difficulties. As you build and grow a profitable business, you will want to ensure that it is protected from claims and lawsuits. If your business’ assets are not properly handled, you could face a disastrous loss of wealth. We can provide you with the information you need to understand the types of claims you should seek protection from and the different types of assets that will need to be guarded. Contact us today to learn more!