Asset Protection Planning
Through tailored estate planning, Chambliss develops strategies to protect client assets ranging from personal property and retirement savings to multi-million dollar estates. We tell our clients that planning for their futures is one of the best ways they can care for and protect their families and loved ones. Our attorneys assist clients with planning for the unexpected by implementing asset protection plans, including forming entities such as limited liability companies, family limited partnerships, and asset protection trusts, long-term care planning all as part of an integrated estate plan. We have extensive experience in the drafting and implementation of self-settled domestic asset protection trusts. Notably, we have expertise in the Tennessee Investment Services Trust, also known as a TIST.
Asset protection planning is a secure method to proactively ensure that our clients' belongings are safe from external threats. We work to evaluate each client's unique situation to help determine the most appropriate plan based on personal needs, goals, and end of life wishes. We realize that no two situations are alike, so asset protection plans should not be either.
Our main priority is to help our clients create the greatest level of protection possible. To do this, it is essential to establish a comprehensive plan well in advance. We are proactive with our planning, which is why our services are designed to preserve our clients' most valuable assets from irresponsible spending, unsuccessful marriages, creditors, and other challenges. Our team stays up-to-date on laws and regulations related to gifts, retirement, caregiving, and beyond to help identify the best tools for meeting a client's needs. We realize clients' are placing great trust in us when they choose Chambliss, and we are confident in our ability to strategically protect their assets according to their wishes.