LEARN WHAT IS ASSET PROTECTION..
What is Asset Protection?
Asset Protection Planning means creating a plan in advance—making decisions today to help protect yourself, your business, and your hard-earned wealth tomorrow. In California, as in other states, life changes can put your assets at risk. These risks may include:
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Lawsuits or legal judgments
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Long-term care or nursing home costs
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Divorce or family disputes
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Giving away assets too early or to the wrong people
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Claims from creditors
Without a proper plan, the wealth you’ve built over a lifetime—through work, savings, and investing—can be lost quickly.
What are Reasons to do Asset Protection Planning?
Here are important reasons to consider protecting your assets now:
- ✅ It’s never too late to start—but the sooner, the better
- ✅ Early planning is most effective (Helps avoid issues of fraudulent transfer under California law)
- ✅ You may need to give up direct access to protected assets
- ✅ If you can access it, your creditors likely can too
- ✅ California’s legal exemptions can change depending on your life situation
- ✅ Veterans Benefits and Medi-Cal rules differ for single vs. married individuals
- ✅ Transfers can start the “Medi-Cal Look-Back Clock” (currently 30 months in California)
- ✅ Transfers can also trigger eligibility timelines for Veterans Benefits
- ✅ Most importantly: Protect your money for you and the people you love
Not Sure What Your Trust Covers?
If you already have a trust but aren’t sure what it protects—or if it needs updating to reflect your current goals—let’s review it together.
📞 Call us at (415) 905-0215
📩 Or email info@greenelawfirm.com to schedule an appointment.
🔒 Protect Your Assets Before It’s Too Late
Asset protection isn’t just for the ultra-wealthy. It’s for anyone who wants to safeguard what they’ve earned and pass it on wisely. Whether you’re facing a transition, planning for retirement, or just want to secure your financial future—Greene Law Firm is here to help.