Asset Protection

Preserving What You’ve Built for the People You Love

Asset protection is about planning ahead—before a problem arises—to reduce unnecessary risk and loss. For many families, it means protecting savings, a home, or a lifetime of work from unexpected events such as illness, long-term care costs, or legal exposure.

At Dublin Packard Elder and Estate Attorneys, we help clients use lawful, thoughtful planning strategies to preserve assets while maintaining flexibility and control.

When Asset Protection Matters

Asset protection planning may be appropriate if you:

  • Are concerned about the cost of long-term care

  • Want to protect a spouse or family home

  • Own significant assets or a business

  • Are planning for retirement or aging

  • Want to ensure assets are used for family—not lost unnecessarily

  • Are coordinating planning with Medicaid or long-term care needs

Effective asset protection is proactive. Waiting until a crisis occurs can limit available options.

How We Help

Asset protection is not about hiding assets—it’s about structuring ownership and planning responsibly. Depending on your situation, our work may include:

  • Coordinating asset ownership with estate planning goals

  • Designing trusts and planning strategies to protect assets

  • Advising on timing and eligibility considerations

  • Integrating asset protection with long-term care and Medicaid planning

  • Helping families balance protection with access and control

We take the time to understand your priorities and explain strategies in clear, practical terms.

Common Mistakes We See

  • Waiting too long to explore planning options

  • Relying on misinformation or “one-size-fits-all” strategies

  • Making transfers without understanding consequences

  • Failing to coordinate asset protection with overall estate planning

  • Assuming asset protection is only for the very wealthy

Good planning focuses on preserving options—not creating new problems.

How Asset Protection Fits With Other Services

Asset protection often works closely with:

  • Estate Planning, to ensure assets pass smoothly to loved ones

  • Long-Term Care Planning, to anticipate future needs

  • Medicaid Planning, to protect spouses, homes, and income

  • Elder Law, as priorities change with age or health

Many clients begin with estate planning and later incorporate asset protection as part of a broader strategy.

Planning Ahead Makes the Difference

Asset protection is most effective when done early and thoughtfully. A conversation today can help preserve flexibility and peace of mind tomorrow.

If you’re concerned about protecting your assets or planning for the future, we’re happy to talk through your options.

As a first step, schedule a brief introductory phone call.  In this 20-minute phone call, you will provide a brief overview of your needs, and we will let you know how we can help.