Asset Protection Services

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.
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
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.