St. Louis Asset Protection & Planning Lawyers

Asset protection and planning consists of using legal strategies designed to keep your assets away from creditor claims, seizures, taxation, liens, and other types of losses. These strategies allow you to protect your assets from such losses while staying within the law. Asset protection can be used on behalf of individuals and families as well as business owners. At The Barclay Law Firm, we can educate you on the why and how of asset protection in terms of your individual needs and circumstances. This is often an integral part of estate planning and can be a complex process for which you will benefit from our decades of experience in this field. 

Asset Protection in Missouri

You work hard throughout your life to build financial security and/or create a legacy for your family’s future. Whether you are a business owner or have accumulated wealth through other means, the assets you have created can be put at risk by a variety of entities and circumstances. 

These can include:

  • Federal estate taxes
  • Creditors and lawsuits
  • Nursing home/long-term care facility expenses
  • Probate court expenses
  • Estate litigation
  • Divorce
  • Consumer protection issues and claims and other business costs
  • Bankruptcy

Asset protection is something that must be put into effect before any claims or liability have been filed against you. This is because, once such a claim occurs, it is generally too late to begin trying to protect the assets that are at risk. 

Asset protection can include such strategies as:

  • Joint tenancy (combined ownership) in real property
  • Placement of assets into revocable or irrevocable trusts
  • Special needs trusts for disabled family members receiving government benefits
  • Family limited partnerships
  • Business structures such as LLCs, S-corporations, or C-corporations 
  • Business succession contracts
  • Retirement accounts
  • Annuities
  • Life insurance policies
  • Liability insurance
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How Our Family-Run Law Firm Can Help

Asset protection and planning should be part of your overall estate planning. Our team brings extensive tax law understanding and services, real estate knowledge, and business formation experience to the table to better devise your asset protection plan. We have been providing both simple and sophisticated estate planning strategies to clients throughout eastern Missouri for decades and welcome the opportunity of having our family help you and your family preserve your assets and wealth. 


Learn more about how to protect your legacy, family, or business with help from the St. Louis asset protection and planning attorneys at The Barclay Law Firm. Schedule a complimentary consultation by contacting us at (314) 916-6301.


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