Are Your Assets Protected?
This may come as a surprise to many, but very few assets are exempt from the claims of creditors. The major categories of assets exempt under Texas law include:
- The Homestead (your primary residence)
- Retirement Benefits in qualified plans
- Life Insurance
Assets that are not exempt from the satisfaction of a creditor’s claims include:
- Stocks and Bonds
- Bank Accounts
- Certificates of Deposit
- Real Estate (other than the Homestead)
- Oil and Gas Properties
- Closely-held Business interests
Once a creditor has an actual claim against you, it is almost always too late to implement a plan that will safeguard your assets.
The Houser Law Firm Has Asset Protection Techniques That Work for You
Asset protection planning is a proactive legal solution to potential claims that may jeopardize your family’s financial welfare. No one wants to have their assets seized after an adverse judgment, and that is why the Houser Law Firm’s asset protection approach is your future’s best defense. We use sophisticated and proprietary techniques to develop a plan that fits your unique circumstances. While no plan is completely impenetrable, we provide our clients with a fortified layer of protection against creditors’ remedies.
The Houser Law Firm Protects Your Family’s Assets
Every single year there were thousands of general civil cases filed in Texas that put people’s assets at risk. Do not let yourself fall victim to an aggressive plaintiff. Get in touch with The Houser Law Firm today to discuss the numerous options available to protect your assets. Our attorneys also focus on the following:
- Gun ownership protection
- Protection of valuable collections
- Protection of assets like private jets and yachts
- Will contest litigation
- Trust administration