{"id":343,"date":"2021-08-31T12:56:04","date_gmt":"2021-08-31T12:56:04","guid":{"rendered":"https:\/\/eblawgroup.com\/?page_id=343"},"modified":"2021-08-31T12:56:04","modified_gmt":"2021-08-31T12:56:04","slug":"what-is-asset-protection-planning","status":"publish","type":"page","link":"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/","title":{"rendered":"What is asset protection planning?"},"content":{"rendered":"<p>Put simply, asset protection planning is the process of removing your property from your individual ownership and placing it beyond the reach of potential claimants and creditors. The process involves changing legal ownership of your property from your individual name to a protective entity, such as a limited partnership or trust.<\/p>\n<p>If that sounds like a terrible idea, hold on. A properly designed limited partnership or trust can give you all the benefits of ownership, such as control over an asset\u2019s disposition and the right to its income. The difference is that since you no longer legally own the asset, it cannot be seized to satisfy a judgment against you. It is the savvy planner who realizes that in today\u2019s world legal control over an asset is often more beneficial than directly owning it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Put simply, asset protection planning is the process of removing your property from your individual ownership and placing it beyond the reach of potential claimants and creditors. The process involves changing legal ownership of your property from your individual name to a protective entity, such as a limited partnership or trust. If that sounds like [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"standard-page.php","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is asset protection planning? - Estate &amp; Business Law Group PC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is asset protection planning? - Estate &amp; Business Law Group PC\" \/>\n<meta property=\"og:description\" content=\"Put simply, asset protection planning is the process of removing your property from your individual ownership and placing it beyond the reach of potential claimants and creditors. The process involves changing legal ownership of your property from your individual name to a protective entity, such as a limited partnership or trust. If that sounds like [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/\" \/>\n<meta property=\"og:site_name\" content=\"Estate &amp; Business Law Group PC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eblawgroup\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/\",\"url\":\"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/\",\"name\":\"What is asset protection planning? - Estate &amp; Business Law Group PC\",\"isPartOf\":{\"@id\":\"https:\/\/eblawgroup.com\/#website\"},\"datePublished\":\"2021-08-31T12:56:04+00:00\",\"dateModified\":\"2021-08-31T12:56:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/eblawgroup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is asset protection planning?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eblawgroup.com\/#website\",\"url\":\"https:\/\/eblawgroup.com\/\",\"name\":\"Estate & Business Law Group PC\",\"description\":\"Knowledgeable. Innovative. Resourceful\",\"publisher\":{\"@id\":\"https:\/\/eblawgroup.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eblawgroup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/eblawgroup.com\/#organization\",\"name\":\"Estate & Business Law Group PC\",\"url\":\"https:\/\/eblawgroup.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/eblawgroup.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/eblawgroup.com\/wp-content\/uploads\/2021\/08\/cropped-logo-1.png\",\"contentUrl\":\"https:\/\/eblawgroup.com\/wp-content\/uploads\/2021\/08\/cropped-logo-1.png\",\"width\":512,\"height\":512,\"caption\":\"Estate & Business Law Group PC\"},\"image\":{\"@id\":\"https:\/\/eblawgroup.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/eblawgroup\",\"https:\/\/www.linkedin.com\/\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is asset protection planning? - Estate &amp; Business Law Group PC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/","og_locale":"en_US","og_type":"article","og_title":"What is asset protection planning? - Estate &amp; Business Law Group PC","og_description":"Put simply, asset protection planning is the process of removing your property from your individual ownership and placing it beyond the reach of potential claimants and creditors. The process involves changing legal ownership of your property from your individual name to a protective entity, such as a limited partnership or trust. If that sounds like [&hellip;]","og_url":"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/","og_site_name":"Estate &amp; Business Law Group PC","article_publisher":"https:\/\/www.facebook.com\/eblawgroup","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/","url":"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/","name":"What is asset protection planning? - Estate &amp; Business Law Group PC","isPartOf":{"@id":"https:\/\/eblawgroup.com\/#website"},"datePublished":"2021-08-31T12:56:04+00:00","dateModified":"2021-08-31T12:56:04+00:00","breadcrumb":{"@id":"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/eblawgroup.com\/what-is-asset-protection-planning\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/eblawgroup.com\/"},{"@type":"ListItem","position":2,"name":"What is asset protection planning?"}]},{"@type":"WebSite","@id":"https:\/\/eblawgroup.com\/#website","url":"https:\/\/eblawgroup.com\/","name":"Estate & Business Law Group PC","description":"Knowledgeable. Innovative. Resourceful","publisher":{"@id":"https:\/\/eblawgroup.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/eblawgroup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/eblawgroup.com\/#organization","name":"Estate & Business Law Group PC","url":"https:\/\/eblawgroup.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/eblawgroup.com\/#\/schema\/logo\/image\/","url":"https:\/\/eblawgroup.com\/wp-content\/uploads\/2021\/08\/cropped-logo-1.png","contentUrl":"https:\/\/eblawgroup.com\/wp-content\/uploads\/2021\/08\/cropped-logo-1.png","width":512,"height":512,"caption":"Estate & Business Law Group PC"},"image":{"@id":"https:\/\/eblawgroup.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/eblawgroup","https:\/\/www.linkedin.com\/"]}]}},"_links":{"self":[{"href":"https:\/\/eblawgroup.com\/wp-json\/wp\/v2\/pages\/343"}],"collection":[{"href":"https:\/\/eblawgroup.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/eblawgroup.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/eblawgroup.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eblawgroup.com\/wp-json\/wp\/v2\/comments?post=343"}],"version-history":[{"count":0,"href":"https:\/\/eblawgroup.com\/wp-json\/wp\/v2\/pages\/343\/revisions"}],"wp:attachment":[{"href":"https:\/\/eblawgroup.com\/wp-json\/wp\/v2\/media?parent=343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}