The art of representing people

Asset Protection Planning

Practice Leader:

Philip L. Burke
Phone #: 585-987-2850
Fax #: 585-987-2950
Email: pburke at woodsoviatt dot com
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In an increasing litigious environment, protecting your personal and business assets from lawsuits and other creditor claims is becoming more and more important. Our attorneys can work with you to implement appropriate strategies which can form a barrier between your assets and those who are trying to get access to them.

Some of the services we can provide include:

  • Forming entities to protect your assets such as:
    • Corporations;
    • Limited liability companies;
    • Family limited partnership;
    • Asset protection trusts;  
  • Long Term Care counseling and discussions concerning:
    • Medicaid eligibility;
    • Transfer and “lookback” rules;
    • Rights of surviving spouses;
  • Estate Planning for beneficiaries “at risk” including:
    • Using trusts to protect assets from “spendthrifts”;
    • How to protect assets from chemical dependency issues and bad marriages;
    • Protecting assets from your beneficiaries’ creditors.

 

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