Houser Firm

Asset Protection Planning

You have worked hard to build your wealth. However, we live in a litigious society in which people are getting sued more often than ever before, and it is entirely possible that you will get a judgment creditor against you during your lifetime. What could you stand to lose?

Are Your Assets Protected?

This comes as a surprise to many of our clients, but very few assets are exempt from the claims of creditors.

The major categories of assets exempt under Texas law include:

  • Your homestead (i.e., your primary residence)
  • Retirement benefits in qualified plans
  • Life insurance
  • Annuities

Assets that are not exempt from the satisfaction of a creditor’s claims include:

  • Cash
  • Stocks and bonds
  • Most bank accounts
  • Certificates of deposit
  • Real estate (other than the homestead), such as ranches, rental properties and commercial real estate
  • Oil and gas properties
  • Most closely-held business interests

Once a creditor has an actual claim against you, it is almost always too late to implement a plan that will safeguard your assets.

The Houser Firm Has Asset Protection Techniques That Work for You

Asset protection planning is a proactive legal solution to potential claims that may jeopardize your family’s financial welfare. No one wants to have their assets seized after an adverse judgment, and that is why the Houser Firm’s asset protection approach is so critical for your family.

We use customized sophisticated and proprietary techniques to develop a plan that fits your unique circumstances. While no plan is completely impenetrable, we provide our clients with a fortified layer of protection against creditors’ remedies.

The Houser Firm Protects Your Family’s Assets

Every year there were thousands of general civil cases filed in Texas courts that put people’s assets at risk. Do not let yourself fall victim to an aggressive plaintiff. Call the Houser Firm today to discuss the numerous options available to protect your assets.