Asset Protection

At Charles P. Castellon, P.A., we help businesses and individuals plan and implement a variety of asset protection strategies. We do not advise clients to hide assets, commit fraud or do anything illegal or unethical to protect assets. Instead, we use the wide variety of legal, proper techniques available under Florida and federal laws to place assets beyond the reach of creditors. With proper advance planning and effective use of the legal tools at our disposal, there is never a need to risk civil or criminal liability to achieve our clients’ goals.

Our asset protection strategies include, holding assets in limited liability companies, property held jointly with a spouse, and domestic, and offshore trusts.  Additionally, we advise our clients to take advantage of various state and federal laws that make certain assets inaccessible to creditor claims. Such laws protect salaries from garnishment and shield retirement accounts such as 401K and IRA in addition to exempting prepaid college plans and 529 accounts from creditor claims. 

With the availability of such a wide variety of asset protection planning strategies and techniques, our firm can effectively help you keep what you own without any risk of violating the law. As in many areas of the law, there are “gray areas” and matters subject to interpretation and our clients receive all the information necessary to make calculated decisions.  We understand the nuances and keep up with the legal developments in this area.  With this in mind, we can tailor strategies to the client’s individual risk tolerance level and comfort while never allowing our clients to cross the line of violating the law while we are on the case.

 


Practice Areas

Real Estate Litigation

Real Estate Transactions

Asset Protection

Probate/Estate Planning