What Is Asset Protection Planning?

Asset protection planning is about protecting your assets from creditors — and it isn't just for the super-wealthy. Anyone can be sued. Lawsuits can arise from car crashes, credit card debt, bank foreclosures, or unhappy customers.

The right tools depend on the risk. For most Maryland families, that means a combination of properly titled assets, LLCs for rental property or a business, appropriate insurance, and — in some cases — irrevocable trusts. Timing matters: transfers made after a claim exists can be undone.

Have a question about how this applies to your family in Maryland? Schedule an introductory call with Johnson Law — flat fees, no pressure, straight answers.