Asset protection

Baker Tilly has found that while most business owners, professionals, and affluent individuals have tax and estate plans, many do not have an asset protection plan. Yet divorce, litigation, creditor claims, and disastrous events — not taxes — pose the greatest single threat to accumulated wealth.

Our professionals can design property ownership structures and agreements that minimize exposure to creditors while maintaining liquidity, managing taxes, and supporting clients’ wealth transfer objectives, both domestically and internationally.

Baker Tilly asset protection services include:

• Reviewing your financial structure and ownership profile, and identifying potential risks
• Forming trusts, limited liability corporations (LLCs), and limited partnerships (LPs)
• Developing prenuptial and marital property agreements
• Formulating asset protection strategies for S and C corporations
• Providing portfolio protection through domestic and foreign asset protection trusts
• Making recommendations regarding level and type of insurance coverage
   

Contact our tax services team >