Best Asset Protection Planning Experts in Little Rock, AR
Asset protection is a key aspect of estate planning and Elder Law.
Regardless of the size of the estate, using pragmatic legal strategies, asset protection planning may incorporate trusts, limited liability companies, family limited partnerships, and other sophisticated and tax-efficient tools as needed.
Our clients vary in the size and scope of the assets they seek to protect. This includes people who own a single home to entrepreneurs who have amassed significant wealth to individuals and couples who seek to preserve, protect, and transfer wealth passed down from multiple generations.
Asset Protection Strategies Include:
- Strategic use of existing state and federal exemptions
- Limited Partnerships, Limited Liability companies and Limited Liability Limited Partnerships
- Third-party asset protection trusts
- Domestic Self-settled trusts
- Offshore trusts
- Bridge Trusts
- Opportunity-shifting, equity stripping and asset isolation strategies

Asset Protection and Trusts
Trusts are not one size fits all. The trust used for asset protection planning differs from one focused on asset distribution, or preserving assets for a Special Needs individual.
Asset Protection and Tax Planning
Protecting assets must include planning for tax efficiency. Creating an asset protection plan, only to lose a hefty percentage of those assets to taxes, defeats the purpose of asset protection.
Our firm uses complex and sophisticated tax planning to protect assets from tax liabilities in the short and long term. We are skilled in the tax and estate laws in Little Rock Arkansas and stay up to date on legislative and regulatory changes, which informs our client representation.
Asset Protection, Family Dynamics, and Business Relationships
Asset protection includes planning for internal family rifts or disputes with business partners or both. Our firm utilizes decades of experience with family and business disputes. Our clients’ wealth is simply too important to practice otherwise.
An asset protection plan often uses specialized trusts. There may be family members who are not capable or unwilling to manage significant assets. We understand that every client is different, and our firm customizes each asset protection plan to the family’s needs.
Asset Protection and Wealth Transfer
Protecting and administering family wealth works hand in hand with transferring wealth. Each estate plan must reflect the family’s values and overall objectives, and is customized to achieve several goals: reduce the taxable estate tax, enhance charitable giving, and facilitate wealth distribution.
There is a Reason the Demand for Asset Protection Is Growing
People sue each other more now. Even in the South and Midwest, people are increasingly willing to take each other to court.
Limited Liability Entities and the Power of Charging Order Protection
A significant level of asset protection can be obtained by transferring assets to one of these entities. The asset protection comes from the “charging order” feature which is a concept that was developed by English common law but which has found its way into almost every state statute.
Domestic Self-Settled Asset Protection Trusts
A domestic asset protection trust is any trust established under the laws of one of the 50 states or U.S. territories that is established to protect your assets from creditors. The domestic asset protection trust allows the assets to remain in the U.S. under the direct or indirect control of the the person establishing the trust.
Third Party Asset Protection Trusts
Third Party Asset Protection Trusts are attractive options and are the preferred option for most of our clients. When it comes to establishing and maintaining asset protection trusts, this option is the least costly. It has the additional advantage of having the best history of withstanding attack by creditors.
Offshore Asset Protection Trusts
Many of our clients, and particularly those who consider a Domestic Asset Protection Trust, will also consider the option of an Offshore Asset Protection Trust.
Bridge Trusts
Our colleague Douglas Lodmell has developed an approach to offshore trust planning that we like. In this video, Doug and Stan Miller Law Group principal Stan Miller discuss this approach Doug calls the “Bridge Trust.” In this approach, a Domestic Asset Protection Trust is established, but an arrangement is immediately made with an offshore trust company, usually in the Cook Islands, that allows the trust to be immediately moved to the offshore jurisdiction if creditors threaten the client. This approach assures easy access to the foreign jurisdiction when it’s needed, but without most of the expense required to maintain the offshore trust until those costs are actually justified by circumstances.
Fraudulent Transfer Law
The most frequent obstacle to Asset Protection Planning is the Fraudulent Transfer Law. Anyone thinking about asset protection needs to be aware of this law and how it works.