Top Washington, DC Asset Protection Lawyers Near You
Helping families get their financial house in order.
2020 K St NW, Suite 500, Washington, DC 20006
1825 Eye Street, NW, Suite 900, Washington, DC 20006
1717 Pennsylvania Ave NW, 12th Floor, Washington, DC 20006
1200 18th St NW, Suite 700, Washington, DC 20036
1909 K Street NW, Suite 500, Washington, DC 20006
99 M Street SE, Suite 425, Washington, DC 20003
601 Pennsylvania Ave NW, Suite 900, Washington, DC 20004
1717 Pennsylvania Avenue NW, Suite 200, Washington, DC 20006
1440 New York Ave NW, Suite 200, Washington, DC 20005
1700 Pennsylvania Ave NW, Suite 900, Washington, DC 20006
750 9th Street, NW, Suite 750, Washington, DC 20001
444 N. Capitol Street NW, Washington, DC 20001
505 9th St NW, Suite 700, Washington, DC 20004
600 Massachusetts Ave NW, Suite 400, Washington, DC 20001
1050 Connecticut Ave NW, Suite 500, Washington, DC 20036
1101 Pennsylvania Avenue NW, Suite 600, Washington, DC 20004
1339 30th St NW, Washington, DC 20007
1301 K Street NW, Suite 1000 West, Washington, DC 20005
1825 Eye Street NW, Washington, DC 20006-5403
1801 Pennsylvania Ave NW, Suite 1000, Washington, DC 20006
1333 New Hampshire Ave NW, Suite 800, Washington, DC 20036
1050 Connecticut Ave NW, Suite 1100, Washington, DC 20036
600 New Hampshire Ave., NW, Suite 700, Washington, DC 20037-1931
910 17th Street, NW, Suite 800, Washington, DC 20006
20 F Street NW, Suite 850, Washington, DC 20001
Washington Asset Protection Information
Lead Counsel Verified Attorneys in Washington
Lead Counsel independently verifies Asset Protection attorneys in Washington and checks their standing with District of Columbia 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.
What Is an Asset Protection Trust?
Asset protection trusts are a way to protect assets from creditors. Asset protection trusts are more common in other countries or for offshore accounts. If the person who opens the trust (the settlor) is subject to a court judgment, the trustee can keep the assets safe from creditors or the settlor. Most people in the U.S. don’t use asset protection trusts as part of an estate plan.
What Are Some Examples of Situations Where I Might Need a Trust and Estates Lawyer?
Most people think of a trust as something they only need to consider when they pass away. However, a trust can be something you can benefit from during your life and provide for your family after death. Trust planning can help manage property and assets, gain tax advantages, and avoid probate. You should consider a trust when you:
- Have significant financial assets or property
- Have family members with special needs
- Want to distribute assets to charitable groups or religious organizations
- Want to protect your privacy
- Need to preserve assets for minor children
- Have major life changes
How Can a Trust Lawyer Help Me?
An experienced lawyer can give you the backing you need to navigate the legal system and find the best possible results for your case. Because laws are different from state to state, speaking with a lawyer in District of Columbia is critical in understanding all the elements of your situation and making the best decisions when it comes to your estate planning. A trust lawyer can help with:
- Trust creation
- Asset management and protection
- Estate planning
- Trust administration
- Modification or termination of your trust
- Trust disputes and litigation
What Could Happen if I Don’t Hire a Trust Lawyer?
If you don’t hire a trust lawyer, your assets will pass under District of Columbia probate laws. Probate can tie up your assets for months or years. If your beneficiaries are fighting over the assets, it can take longer and cost your estate money. With a trust, the property can pass outside of probate. You can also have more control over what happens to your estate after death. If you don’t have a trust, your loved ones may have to deal with:
- Estate taxes
- Delays in probate
- Fighting legal challenges over assets and property
- Property passing through intestacy
What Are the Top Questions When Choosing a Trust Lawyer in Washington?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your trust case. Many trust and estate lawyers offer consultations that allow you to understand your options and get specific legal advice before hiring them. The top questions to ask include:
- What type of trust is most suitable for my situation?
- What are the benefits and drawbacks of creating a trust?
- How can a trust be used to address my specific concerns or goals?
- What is the process for creating and funding a trust?
- How will the trust be administered?
- What are the potential tax implications associated with a trust?
- How much will all of this cost?
Tips for Hiring a Trusts Lawyer
Taking the time to find a lawyer who is right for you and will represent your best interests is an important first step in protecting your finances. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts