Asset Protection Attorneys
Business Planning and Asset Protection Lawyers in Illinois
At Sosin, Arnold & Schoenbeck Ltd., we realize that the term "estate planning" is often misunderstood. For many individuals, the concept of estate planning refers to drawing up a will or a trust to transfer one’s assets to his or her chosen beneficiaries upon his or her death. In reality, estate planning encompasses much more than a one-time transfer of property, especially for those with wealth. Asset protection should be a major consideration in any comprehensive estate plan. With properly developed strategies, you can take steps to ensure that your estate is well-guarded against a wide variety of risks and potential liabilities.
Asset Protection for Business Owners
When you own a business or operate a professional practice, both your personal assets and those associated with the company could be at risk in a number of different ways. Claims and legal action against business entities you own or control could threaten your personal wealth in certain circumstances while lawsuits filed against you, personally, for professional negligence or and other matters will directly affect your personal assets. Preparation is key to protecting your assets from predacious lawsuits and overzealous creditors.
With more than 100 years of combined legal experience, the attorneys at Sosin, Arnold & Schoenbeck Ltd. have helped many of our clients throughout the region develop sustainable asset protection strategies for their personal and commercial interests. At our law firm, our approach is entirely client-focused, and we take the time to get to know you as an individual. We develop a clear understanding of your financial situation, along with your needs, values, and goals.
At Sosin, Arnold & Schoenbeck Ltd., we know how to evaluate your interests, holdings, and assets so that we can determine the best methods for protecting them from creditors. Our lawyers can help you establish trusts, organize business entities, strategically transfer and title assets, and implement other strategies to protect and secure your wealth.
To learn more about protecting your assets, contact our office. Call Sosin, Arnold & Schoenbeck Ltd. at 708-448-8141 to discuss your options with one of our experienced asset protection attorneys.