Asset Protection Services

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Asset protection is a process by which one organizes their financial  affairs to safeguard their assets from the risk of exposure or attack.  The process of asset protection involves  transferring the assets from an unprotected form of ownership to a protected  form of ownership.  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 individual  states.

Utilizing exemptions as a form of asset  protection should be cautioned, as certain creditors are not subject to state exemption. Some of these   examples are federal tax liens, state tax liens, alimony and child support,  purchase money retailers, and mechanics liens.

What Can GL Capital Trust Do to Protect Your Assets?

  • Protect  and Insulate Accounts receivable, plus all personal assets
  • from  creditors/lawsuits 
  • Protect  equipment 
  •  Protect copyrights, trademarks  and patents
  • Protect  from foreclosures
  • Use of Friendly Liens or Equity Stripping
Equity stripping (sometimes called Friendly Liens), is the  process of reducing the equity in your real estate or other equity heavy assets.   It is a long used asset protection strategy. You encumber your property with  debt leaving nothing for creditors to get. By doing so you protect your real  estate, while making it unattractive to those   trying to collect on a judgment.    Note that there are certain requirements that you must meet in   order to ensure  the Friendly Liens, technique is effective.

Friendly Liens
                
Equity stripping is conducted to make your real estate valueless   to  creditors. There are several different equity stripping methods. They all make
the equity in your property costly for creditors to obtain, thereby insulating  your property from  creditor  attachment.   

Trusts (Click HERE to find out more about trusts)

 BUSINESSES OWNERS DO NOT LOSE THEIR ASSETS BECAUSE SOMEONE ELSE USED LEGAL REMEDIES; BUSINESSES LOSE THEIR ASSETS BECAUSE OF THEIR OWN FAILURE TO USE THE LAWS THAT ARE IN PLACE TO PROTECT THEM.   

WE INVITE YOU TO FIND OUT MORE ABOUT SECURING YOUR FINANCIAL FUTURE - CALL US TODAY:  866.212.0343 OR EMAIL US AT info@glcapitaltrust.com.