Is All Asset Protection Planning Bad Under the UVTA?

by Vera Felber, Director, Lighthouse TrustandStephen E. Speiser, Attorney at Law, The Speiser Law Firm P.A. (Palm Beach, Florida) We are pleased to republish the following article from our colleagues at Lighthouse Trust and The Speiser Law Firm, P.A. Lighthouse Trust is the leader in asset protection trust services globally, boasting a groundbreaking court victory for U.S. persons engaged in …

Asset Protection Defined

“Asset protection” is a term used to describe legal planning that shields your assets from the unanticipated claims of creditors.  Asset protection planning employs any number of techniques in isolation or in conjunction to achieve this objective.    Embedded within this definition are a number of terms and principles that you should be aware of: Legal Planning:  We are talking about …