Asset Protection

Protecting what you worked so long to earn
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Asset Protection Attorney In Scranton, Pennsylvania

Protect Yourself From Potential Creditors

Revocable living trusts are a powerful tool for safeguarding your loved ones from extra taxes and buffering them against the inconvenience and expenses of probate court. However, if your asset protection measures are not comprehensive, you are still exposed to prospective creditors. From setting up an LLC to shield yourself from liabilities arising from your rental properties, to establishing an offshore trust to shield your cash and investments from creditors, Tullio DeLuca, a proficient Estate Planning Law attorney in Scranton, Pennsylvania, is well-equipped to assist you.

Contact Law Office of Tullio DeLuca to schedule a consultation with a lawyer today. 570-747-4838

What Does the Asset Protection Process Involve?

First, Tullio DeLuca will sit down with you to understand your comfort level towards any potential risk. There's no right or wrong, it's your comfort that matters. Then, he'll explore a range of asset protection plans with you, demonstrating the options available. Once you've selected a plan that suits you, he'll commence the process to ensure you have the right degree of protection at a cost you can manage. Estate planning law can be complex and it's critical that you seek guidance from Tullio DeLuca in Scranton, Pennsylvania, to avoid any legal or tax pitfalls. Don't take a chance navigating this intricate field alone. Make an appointment with Tullio DeLuca today.

What Benefits Does Asset Protection Provide?

Your real estate properties, business interests, and financial accounts are among your most valuable assets. Simple ownership or placing those assets into a revocable living trust may not safeguard them from your creditors. However, when you transfer your assets into a robust structure such as an LLC, irrevocable trust, offshore trust, or partnership, it's like placing a protective cloak around your assets. Tullio DeLuca, an esteemed Estate Planning Law attorney based in Scranton, Pennsylvania, can assist you in maintaining control, access, and full use of those assets, all while safeguarding them from the risk of seizure by creditors. Moreover, asset protection strategies can also assist in minimizing both estate and income taxes. Get in touch with Tullio DeLuca today for effective asset protection strategies.

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