Dallas-Fort Worth Asset Protection Lawyers
Knowledgeable & Reliable Legal Guidance
Crain & Wooley helps clients protect their hard-earned assets with the right legal documents and planning strategies. If your goal is to shield your wealth from nefarious parties and ensure your legacy is preserved, then please don’t hesitate to reach out to our skilled legal professionals to get started drafting a comprehensive estate plan that can achieve your unique goals.
What Is Asset Protection?
The goal of asset protection is to strategically insulate your assets to prevent costly lawsuits and devastating losses. While many people think that asset protection strategies are only for the wealthy, homeowners of all backgrounds benefit from asset protection because it allows them to take control of what they own.
Potential Risks to Your Assets
Our asset protection attorneys can help you understand and plan for potential liability risks property owners might face in the future. Crain & Wooley is here to use our extensive resources to help you protect your personal and business assets from:
- Liability arising from misconduct
- Personal injury sustained on your premises
- Professional malpractice liability
- Lawsuits filed by former business partners
- Personal injury resulting from a car accident
- Personal liability of corporate officers and directors
Asset Protection Tools
When you choose Crain & Wooley to represent you, we will devise a detailed plan that will preserve your wealth and avoid business and tax losses. We can protect your entire fortune with the following asset protection tools:
- Asset Planning: Real estate, stocks, and pensions are valuable components that need to be considered in your estate plan. Our lawyers can help you account for all of your assets and add the right protections to your plan.
- Liability Protection: We can recommend strategies to minimize various risks from state and federal tax liens, claims from creditors and collection agencies, and former marriage partners or business partners.
- Limited Partnerships: A family limited partnership can be used to shelter wealth and still retain control over the assets.
- Domestic Asset Protection Trusts: This type of trust is an irrevocable trust that can be established to protect your assets from creditors while retaining access to the assets.
- Third-Party Discretionary Trusts: Sometimes called “spendthrift” trusts, this allows a relative to create a trust fund with certain restrictions. Spendthrift trusts are suitable for people who are worried their loved ones might recklessly spend the funds.
- Limited Liability Companies: An LLC is a business entity that is entirely separate from the owners. This type of business entity protects your personal assets if the LLC is a defendant in a lawsuit.
Contact Our Asset Protection Attorneys
If you require help with protecting your assets in Dallas-Fort Worth, it is recommended to seek the guidance of an experienced asset protection lawyer. The preservation of your assets is vital, and an attorney can assist you in understanding the intricate laws and regulations associated with asset protection. Whether you need assistance with safeguarding your business assets, estate planning, or protection from creditors, an asset protection lawyer in Dallas-Fort Worth can provide the necessary support. Reach out to schedule a consultation today and safeguard your assets for the future.
Call our Texas law firm at (972) 945-1610 if you need help with asset protection in Plano or Mansfield.
If you would like to speak with an experienced lawyer to determine which asset protection strategy is right for you, then please call (972) 945-1610 today fill out our convenient online scheduler to request a free consultation.
"Very Professional, Thorough and Good Communicators"Justin and his staff were very professional, thorough and good communicators. They prepared every doc they committed to, and in a timely manner. I like the lump sum fee arrangement. I would definitely recommend them.- Bart Hubbard
"We are so grateful we did this."
We had been wanting to do and understand a trust for a long time. Once we received the meeting invite, the rest was easy. We learned about wills and trusts in an understandable way. Justin and his team are organized, thorough, friendly and helpful. They coordinated and explained each step of the process. We are so grateful we did this. The cost was invaluable. Thank you for everything.- Shelly Torti
"Would Definitely Recommend Crain & Wooley"
We attended a lunch seminar hosted by Shelly Joyner and her team to listen and learn more about our options with Trusts. Based on Shelly's presentation, examples, and knowledge of Trusts, we were sold on Crain & Wooley as the firm to prepare and manage our Trust.
The Crain & Wooley process from start to finish was fast, efficient and very professional. Throughout the progression, both Shelly and Steve Crosby communicated, answered all our questions, and provided various trust documents through the portal for our review /comments.
Would highly recommend the services of Crain & Wooley!!- Paul & Helen Cherry
"Made the Entire Process a Seamless Operation"
Finding a law firm to assist me in creating a "Living Trust" was very confusing. After interviewing three law firms, I chose Crain & Wooley.
They got back to me quickly after the initial consultation and made the entire process a seamless operation.
I highly recommend and will work with Shelly Joyner and Crain & Wiiley again in the future.- Ricky Ellis
"I would return for other legal issues and would highly recommend this firm for legal advice."I am very pleased with the professional services of Crain and Wooley law firm with the trust documents formalized on my behalf. The fees were fair and the result was done in a few weeks. Terms and legal explanations were understood. I would return for other legal issues and would highly recommend this firm for legal advice.- Alex Montanez
"I had a fantastic experience with your law firm and now I can relax!"I had a fantastic experience with your law firm and now I can relax because I have my affairs in order! It was a very easy process, very informative, easy to gather their information and get the awesome result of having all my documents into my trust. Very impressed with the professionalism of Shelly Joiner, Jessica and Steve. I highly recommend this law firm Crain & Wooley for all the estate planning needs. Thank you!- Wanda Echevarria
"Very Thorough In Explaining My Options"Shelly was very thorough in explaining my options in estate planning and reviewing the documents I did have. I appreciate the speed and ease in completing my documents and support in transitioning my home into our living trust.- David Smith
"We Felt Valued, Cared for and Appreciated"It was a pleasure working with Justin Crain, Shelly Joyner, Steve Crosby, and the entire staff at Crain and Wooley. From the moment we walked into their office, we felt valued, cared for and appreciated. Justin took the time to explain to us the benefits of creating a trust and patiently answered all of our questions. My wife and I particularly appreciated their educational emphasis. They provided us with videos and literature that deepened our understanding of the process and purpose of creating a trust. We never felt any pressure during our meetings with them to purchase any legal products or services. They educated us, encouraged us to ask questions, and let us make our own decision. We did decide to create a living trust, and we are very pleased with the results.- William Benninghoff
Finally, you won’t need a lawyer to understand your legal fees. We clearly communicate our pricing structure upfront, so you can feel comfortable with our service from start to finish. No surprises, no hidden fees. *Our flat rate fees apply only to proactive planning services.
Optional Lifetime GuaranteeWith our optional lifetime guarantee, your will and trust will be automatically updated over the years to ensure it stays current with best practices, reflects your current wishes and minimizes future confusion for your family.
Knowledgeable ServiceLaws change all the time. We stay up to date with all the latest information so that you’re covered. No one else in the region is as dedicated or educated in this area of law. We’re the experts so you don’t have to be.