Dayton Asset Protection Attorneys
Helping Clients in the Miami Valley & Central Ohio Preserve Legacies
Did you know that estates valued above the federal exemption amount can be taxed as much as 40 percent? If you want to preserve your legacy for the people you love, establishing an asset protection plan is crucial. Regardless of your net worth, you likely have assets you can—and should—safeguard with various legal tools.
At Lovett & House, we are here to help you develop an asset protection plan that aligns with your immediate needs—and goals for the future. Our office features a certified specialist in estate planning, trust, and probate law. His unique insights and know-how guide everything we do, all to the benefit of our clients.
Call (937) 909-0770 or reach out to Lovett & House online to speak with a Dayton asset protection lawyer.
Peace of Mind is Priceless
Five-Star Reviews In Clients' Own Words
Our compassionate and through approach to Estate Planning makes a real difference in our clients' lives.
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"The Best Customer Service"George and his crew provide the best in customer service and have an outstanding work ethic. They have always been there to help us when needed!- Mark S.
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"He Made It Easy"Bill was very friendly, knowledgeable, and kind. He made Estate Planning fun, fast and easy. We both feel relief to know our wishes are spelled out and our assets are protected!- Sherry C.
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"Peace of Mind"He explained each step 100 percent. He takes the time to talk WITH you, not TO you. I am so thankful I went to his seminar and took advantage of the free consultation.- Rosa S.
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"Made It Easy to Understand"George Lovett made our estate planning easy to understand and informative. He used our personal information to create a plan that was tailor-made to us.- Pamela O.
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"Expertise & Attentiveness"We were very pleased with the service, expertise, and attentiveness we received. We are glad that we choose Lovett & House for this.- Pat D.
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"A Pleasure to Work With"George Lovett has helped my family tremendously. He always explained our options and took care of us with the utmost professionalism.- Marlene W.
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"Easy to Understand"They made it easy to update our estate planning needs. All our questions were answered in easy to understand language and we didn't feel overwhelmed.- Rita S.
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"Very Helpful"he Estate Trust planning was easy to do with the Lovett & House. George H. Lovett and William H. House were very knowledgeable and helpful.- Judith A.
Common Asset Protection Strategies
Depending on your circumstances and asset protection aims, you could potentially benefit from the following:
Establishing a Trust
Transferring assets into a trust can be one of the most effective ways to protect them. Trusts generally remove assets from an estate, which can prevent creditors from making claims to them. Additionally, trusts can reduce estate tax burdens and even minimize capital gains taxes in certain instances.
Several types of trust exist, some expressly to preserve assets. Appropriately, these are called “asset protection trusts.” As long as the trust is structured correctly and meets necessary legal requirements, its assets can be relatively safe from risks.
Forming a Limited Liability Company (LLC)
An LLC is a business structure that offers owners limited liability protection. This means the company’s debts and liabilities are not typically the owners’ responsibility. If you have personal assets at risk due to your business, forming an LLC can provide an extra layer of security.
Entering a Family Limited Partnership (FLP)
An FLP is a business entity that can allow family members to pool assets. It also offers limited liability protection (like an LLC) and lets you seamlessly transfer an ownership interest in a business.
Protect Your Assets Today. Partner with Lovett & House.
For over 30 years, our Dayton asset protection lawyers have helped clients of all net worth safeguard assets. Whether you are a business owner, professional, retiree, or anyone else who wants to preserve the property and wealth you have worked hard to earn, you can put your confidence in us.
Learn more about our offerings and the next steps for partnering with our attorneys in a consultation. Call (937) 909-0770 or connect with us online to schedule yours.
