How To Choose an Asset Protection Lawyer

If you’re worried about what could happen to your assets, you might speak with a lawyer about asset protection planning. While this sounds easy enough, you need to hire the right legal counsel to help you through the process. How do you choose the right asset protection lawyer?

Get Some Referrals

Perhaps you have friends or family members who have recently gone through a similar process. Would they recommend the attorneys they worked with? Referrals are often a great way to understand who is worth working with and who might not be your best option.

Understand Legal Fees

While price shouldn’t be your sole deciding factor when choosing an asset protection lawyer, it is an important part of the process. You might begin by asking a few different lawyers what they charge for asset protection planning. After you have an idea of what lawyers are charging, you can decide on an amount that works within your budget. Be sure you know what additional fees you’ll be required to pay with each lawyer so that you have a fairly accurate idea of what you’re going to be paying when all is said and done.

Know What a Lawyer Should Specialize In

Some lawyers are strictly asset protection lawyers, so someone with that experience would probably be someone you can trust to handle your situation. There are other areas of law your lawyer might specialize in as well. Sometimes these areas are just as important as the main specialty of your lawyer. Areas could include:

  • Bankruptcy Law
  • Conveyance Law
  • Proposed Planning
  • Family Law

Get Your Questions Answered

You might have quite a few questions when it comes to hiring an attorney to assist you with asset protection. It’s OK to ask your questions before you make a decision. Some interview questions might include:

  • How long have you done asset protection?
  • What kind of education do you have?
  • How closely do you work with your clients?
  • What other professionals will work on my case?
  • What and how do you charge?
  • How proactive is your office?
  • How can I contact you?

Start the Process Today

If you’re planning to employ some asset protection tactics, you might want to get the process started today. As you can see, it’s not difficult to find the right lawyer, but it could take a while before you’re comfortable with a final decision. If you are looking for an asset protection lawyer in Arlington Heights, IL, then a lawyer from Bott & Associates, Ltd., could be of assistance to you.