Let us help you better enjoy the things that are important to your life through planning for all possible contingencies.

Introduction

Vantage prides itself with the design, thoroughness, and simplicity of the Vantage Asset Protection Program.  Asset Protection has so often been seen as an unnecessary venture and yet has benefited so many with so few complications.  Vantage has clarified and re-explained just how asset protection works, the true nature of its value, and the actual benefits received.

What is asset protection planning ?

Asset protection planning is a process by which one 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 unprotected form generally applies to property held directly in an individual’s name of even the name of a revocable living trust. The protected form can be one of many asset protection vehicles such as limited partnership, corporations, certain kinds of trusts, limited liability companies and other such entities. Protecting assets can also be a process of transferring them into exempt assets to the extent permitted by the individual states.

Why protect your assets ?

The current litigation explosion in our society is forcing professionals, small business owners as well as the common homeowner to focus on ways to protect their savings, investments and other accumulated assets that have become attractive targets for hungry and unscrupulous attorneys. The U.S. legal system stacks the deck against the defendant and is in favor of the plaintiff. This is especially true if the plaintiff has deep pockets to pursue you. Frequently it is the party with the most financial holding power that will prevail. So justice is not always done in these cases. 

The average person will be sued five times in their lifetime and faces the very real prospect of being on the receiving end of a ruinous judgment. Failure to plan for that contingency can result in the instant loss of a lifetime's accumulated wealth. Once a suit has been filed or one is anticipated, the law frowns upon moving assets. Although, assets may be moved under certain conditions, it is always better to mover while the waters are still calm.

Other protections you immediately have access to:

Revocable Living Trust

Irrevocable Living Trust

Family Limited Partnership

Limited Liability Company (LLC)

S Corporation

Aged Shelf Corporations

Please speak with a VANTAGE business professional for a more detailed explanation of products available to assist you in protection planning