Asset Protection Planning Attorney in Austin, Texas

How can I protect my assets with an estate plan?

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00:04
there’s
00:05
several different facets to asset
00:06
protection
00:08
we have on the one hand protecting the
00:10
assets of
00:12
the client against their own creditors
00:15
that’s the most complex type of asset
00:18
protection that we do
00:19
which often has to do like i said with
00:21
their creditors but also maybe from
00:23
the estate tax uh uh coming along
00:26
the other facet is asset protection
00:28
planning for their children
00:30
when it comes time to pass down to their
00:32
creditors that’s
00:33
much more simple much easier to
00:35
accomplish but we also talk about things
00:37
of maybe protecting their children
00:39
in the event of a divorce and making
00:41
sure that whatever assets have been
00:43
handed down
00:44
to them stay with with the client’s
00:46
children and their grandchildren
00:47
there’s several different ways to think
00:49
about asset protection planning
00:52
but those are the most common areas and
00:54
and things that we address in a meeting
00:55
with me

Austin, TX estates planning & probate attorney Kyle Robbins explains how you can protect your assets with an estate plan. He notes that asset protection has several different facets. One major focus is protecting a client’s assets from their own creditors, which is often the most complex type of asset protection work. This can involve strategies related not only to creditor claims but also to potential estate taxes. Another important aspect is planning for the client’s children—ensuring that assets passed down are safeguarded from creditors. This type of planning is generally simpler and easier to accomplish. He also advises clients on protecting their children’s inheritance in the event of a divorce, making sure that the assets intended for them remain secure. There are several approaches to asset protection planning, but these are the most common areas he addresses in client meetings.

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