Asset Protection

Frederick N. Pellegrini has been providing asset protection strategies and asset protection trust management for over 25 years.

Asset protection planning and management describes the organizing your assets & affairs in advance to guard against risks to which the assets might otherwise be vulnerable to. Asset protection can be applied to protect almost every type of asset, including business or professional practice assets.

Protecting assets from a wide number of risks is certainly not a new concept. But now, asset protection strategies are at the forefront of planning because of expanding liability laws and theories. Asset protection must be addressed in the new legal arena because of concerns with the adequacy of traditional forms of protection. Although there are arguments for and against the contingency fee system, it is undeniable that our current legal system, coupled with contingency fees, has helped contribute to the litigation explosion. For this reason, asset protection consultants and asset protection trust planning are increasingly important.