Is It Time for an Asset Protection Trust?

Why Asset Protection Trusts Matter Now

Most people don’t think about protecting their assets until something bad happens—a lawsuit, a sudden health crisis, or a nursing home bill that drains savings. Unfortunately, by the time those events occur, it may be too late.

The truth is, the best time to protect your assets is before you’re at risk—and that’s where an asset protection trust comes in. These powerful legal tools can help shield your home, savings, and other valuable assets from future threats, but they only work when you plan ahead.

Signs You May Need an Asset Protection Trust

1. You’re Concerned About Long-Term Care Costs

Nursing home care can cost $100,000 or more per year, and Medicare doesn’t cover it. While Medicaid can help, it comes with strict income and asset rules. Waiting too long could mean losing hundreds of thousands in savings.

A properly structured asset protection trust can help preserve your assets and still allow you to qualify for Medicaid—if it’s set up early enough.

2. You Own Property You Want to Keep in the Family

Whether it’s a family home, vacation cabin, or rental property, you may want it to remain in the family rather than be sold to pay off care costs or creditors. Placing property in an asset protection trust can help make that happen while still allowing you to use it during your lifetime.

3. You Work in a Profession with Legal Risk

Doctors, business owners, contractors, and real estate investors often face a higher risk of lawsuits. Even with liability insurance, claims can be financially devastating.

An asset protection trust can create a legal “firewall” between your assets and potential claims, keeping what you’ve worked for out of reach.

4. You’re Helping Adult Children—but Want to Be Cautious

Supporting children or grandchildren is admirable—but what happens if they face a divorce, bankruptcy, or lawsuit? Assets given outright may be vulnerable.

An asset protection trust can leave assets in a way that shields them from future problems while still allowing access and benefits.

5. You Want to Preserve Your Legacy—No Matter What

At its core, an asset protection trust is about control, dignity, and peace of mind. It ensures that your hard work benefits your family—not the government, creditors, or outside forces.

Don’t Wait for a Crisis

Asset protection trusts are powerful, but they can’t be created retroactively. Once a lawsuit is filed or a health crisis hits, it may be too late to put one in place.

If any of these reasons sound familiar—or even if you’re just exploring your options—having the conversation now can make all the difference.

How The Lansky Law Firm Can Help

We can help you:

• Assess your current risks and protection needs

• Structure trusts to align with Medicaid qualification rules

• Preserve real estate and other important assets for your heirs

• Build a plan that shields wealth from creditors and lawsuits

• Create a lasting legacy with clear instructions for your loved ones

The Real Goal: Peace of Mind

This planning is about more than protecting money—it’s about protecting the people and future you care about most. With the right plan in place, you can face the future with confidence, knowing you’ve taken the steps to safeguard your legacy.

Peace of Mind through Preparation.

Ready to protect your assets and your legacy? Partner with The Lansky Law Firm today.

Visit Us: 6800 Poplar Ave #225, Memphis, TN 38138

Call Us: (901) 767-7006

Learn More: www.lanskylawfirm.com