Top Ashford, AL Asset Protection Lawyers Near You

Asset Protection Lawyers | Dothan Office | Serving Ashford, AL

344 North Oates Street, Dothan, AL 36303

Asset Protection Lawyers | Dothan Office | Serving Ashford, AL

294 W Main St, Suite 103, Dothan, AL 36301

Asset Protection Lawyers | Dothan Office | Serving Ashford, AL

PO Box 2147, Dothan, AL 36302-2147

Asset Protection Lawyers | Dothan Office | Serving Ashford, AL

256 Honeysuckle Road, Suite 15, Dothan, AL 36305

Asset Protection Lawyers | Dothan Office | Serving Ashford, AL

2543 Ross Clark Circle, Dothan, AL 36301

Asset Protection Lawyers | Dothan Office | Serving Ashford, AL

212 West Troy Street, PO Drawer 1486, Dothan, AL 36302-1486

Ashford Asset Protection Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Ashford

Lead Counsel independently verifies Asset Protection attorneys in Ashford and checks their standing with Alabama bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find an Asset Protection Attorney near Ashford

Are You Considering Creating and Asset Protection Trust?

If you need to protect your assets from overreaching creditors, you may want to hire an Ashford attorney to set up an asset protection trust for you. Such trusts are not permitted in every state and to be valid the trust must meet specific guidelines. An attorney skilled in creating these trusts can advise you on their legality and prepare a trust to meet your needs.

Trusts Can Shield Assets From Creditors

An asset protection trust is a device that separates a person’s liability from certain assets from his or her benefit from the assets. The trust serves to shield assets from creditors or from valuation in a divorce case. Because the protection of the trust makes it more difficult for creditors to collect debts, only a few states allow asset protection trusts. A lawyer familiar with such trusts, their benefits and limitations, can set up the trust within the parameters of the law and ensure your assets are protected.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.

Tips on Approaching an Initial Attorney Consultation

  • Use the consultation as a means of gaining a better understanding of your legal situation.
  • Ask the attorney how many cases similar to yours he/she has handled. An attorney’s experience and knowledge can speak to their expertise (or lack of) in addressing your situation.
  • Your attorney should be able to articulate roughly how long a case like yours will take to resolve and what sort of procedures to expect.
  • Determine how comfortable you are working with the lawyer and/or law firm.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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