Asset Protection Attorneys in Fort Walton Beach
Safeguarding Your Estate from Lawsuits, Creditors and Predators
The Vanover Law Firm, P.A. has created and trademarked our very popular Asset Protection Trust. Its called the Florida Asset Preservation Irrevocable Trust or FAPIT™ for short. Only the Vanover Law Firm, P.A. has the FAPIT™ trust. It is specifically designed to protect your assets from any lawsuits, nursing home claims, probate requirements or your children’s creditors or soon to be ex-spouses.
The FAPIT™ gives you the flexibility and control to make sure your wishes are being followed. You and your spouse can be the trustees of a FAPIT™ giving you exclusive control of the assets during your lives. After both spouses pass on then the FAPIT™ can distribute these protected assets in very flexible ways.
Discussing these considerations with an asset protection lawyer in Fort Walton Beach can help you discern what the right course of action is for you. For more information, be sure to contact Vanover Law Firm P.A. and ask to schedule an initial consultation with our Fort Walton Beach asset protection attorneys!
For more information, schedule a free initial consultation. Call (850) 999-0006 or contact us online today to arrange yours with our Fort Walton Beach asset protection lawyers.
Use Your Estate Plan as an Asset Protection Plan in Florida
You can use your estate plan as an asset protection vehicle for your whole family. Asset protection has become a very serious concern for most Americans. If you are trying to protect your assets for the benefit of your family or business, our attorneys at Vanover Law Firm P.A. can help you achieve your goals.
While other service providers may be inclined to make sweeping claims and overpromise what is actually possible, you can rely on us to be straightforward and honest. Our asset protection attorneys in Fort Walton Beach have 28 years of total experience when it comes to assisting clients in complicated legal and financial matters, including asset protection.
Rest assured that when you need help protecting your wealth, you can expect realistic support from the Fort Walton Beach asset protection lawyers at Vanover Law Firm P.A. that can meet your needs.
Which Assets Are Exempt from Creditors in Florida?
Not everything you own can be claimed by your creditors. In fact, Florida law provides seven classes under which assets can be protected.
These classes are as follows:
- Your homestead, as long as it’s owned by a natural person and is one-half acre or smaller in a city or municipality, or up to 160 acres outside of a city or municipality.
- The cash value and proceeds from both life insurance policies and annuities, including interest earned in certain plans and Individual Retirement Accounts (IRAs).
- Wages paid to the head of a household who’s not in control of their own salary.
- Property owned between spouses as “tenants by the entirety,” where only claims against one spouse can be exempted
Leveraging these exemptions properly can provide stronger asset protection than other strategies that merely protect property, such as those that involve limited liability companies (LLCs) and limited liability partnerships.
Regardless, your strategy must be unique to your needs and how you hold your assets. Our asset protection lawyers in Fort Walton Beach have the experience and skill it takes to advise you of the options that can help you meet your goals.
Florida Asset Protection Services
Vanover Law Firm P.A. offers potential clients a risk-free initial consultation for a reason. We believe people deserve a confidential, no-risk, and no-pressure opportunity to learn more about legal services like ours.
We’re confident that after discussing your asset protection needs with our attorneys, you’ll choose us because you’ll see why so many clients value our personalized approach to overcoming their challenges.
To schedule your free initial consultation, reach out to us online today to speak with our Fort Walton Beach asset protection attorneys.
Testimonials
Why People Choose to Work With Us
At Vanover Law firm, we strive to provide the best representation to our clients. Please take a moment to read what our past clients had to say about their experience with Vanover Law Firm.
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Great team, Chris and Angela are great, although things didn’t go easy through the COVID period they battled for me, unfortunately my Life took a turn and regretfully I backed out of going to trial and took the plea offered, I know what I did and I would make the same decision again in that situation but unfortunately some of the best decisions are punishable by law, I truly think Mr. Garret would have been a force to be reckoned with at trial, and I would have love to have witnessed it, but life is life. I would whole heartedly recommend him and his team, they where a blessing to me in the understanding all my circumstances.. God Bless- Ken Strickland
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Vanoverlaw excellent team Mr Garret is an excellent lawyer and advocate, his staff is top of the mark- DAVID
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Vanover handled my case very professionally. The quote he gave me of what the cost would be to take care of my case never changed. Everything was done professionally, and I have the most respect for his help in my case. I would highly recommend Keith Vanover, and I use him again without hesitation. If someone is looking the best Lawyer in Crestview area then Keith is it.- Former Client
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Throughout the entire process, Mr. Garrett and Angela were always there to help and assist me and you felt they truly cared. They are an amazing team and Mr. Garrett is an extremely thorough and skilled lawyer.- Tamara
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Mr. Garrett and his team took very good care of my situation and were excellent at communicating with me.- Shelby
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Angela and attorney Chris Garret were very personal and professional and made sure I was taken care of and that justice was served in my case. They represented me in Okaloosa and Escambia and had no problem dropping everything to be there whenever I needed them in my case! Thanks again!!!- Philip
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Mr. Garrett and his team took very good care of my situation and were excellent at communicating with me. Definitely would recommend!!- Shelby
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Let me start by wishing I could put 10 stars! I was in a horrible situation when I contacted Mr. Garrett. I was arrested and charged with a 2nd DUI within a two year span and was ultimately facing jail time. His services are reasonably priced, and he worked on my case diligently. I never had to set foot in a courtroom. my mindset from the beginning was that the best case scenario was that my charges would be dropped to a lesser charge. Which still would have hurt me financially and put my job in jeopardy. After a few continuances so Mr. Garrett had time to review my case, I got an unexpected call. The call was to inform me that my case was DISMISSED!!!!!! I couldn’t believe it. Through his knowledge of the legal system and persistence he was able to get my case thrown out. The man is truly a blessing. If you find yourself in any kind of similar situation call Mr. Christopher Wayne Garrett!- Tyler
Our Values
What Our Work Means To Us
Vanover Law Firm P.A. is here to help you get the results you need with a team you can trust.