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- Business Exit Planning & Succession
- Local News and Information
- Mediation For Estates and Trusts
- The System For Protecting Your Assets for Your Self and Your Heirs
- Asset Protection
- Estate and Inheritance Tax Planning
- Protecting Heirs from Divorce and Litigation
- Wills and Trusts
- Executor, Trustees and Probate
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Blog 
Asset Protection
- What You Need to Know about Beneficiary Designations
- The Family Limited Patnership In Estate and Business Planning
- Asset Protection Of Bank Accounts - It's Not All About The Signature Card
- Tiger Woods, Prenuptials and Estate Planning For Second Marriages
- When It Comes To Bank and Investment Accounts Less Can Be More
- Is An IRA Still Protected From Creditors After The New Florida Case?
- Protecting Yourself from Uninsured Drivers
- Money In Your Mattress? Another Reason To Worry.....
- Off Shore Accounts: Do You Need One? Are They Legal?
- Using Family Limited Partnerships
News
- Posted on 2/9/2009401(k)s Disappearing Value
Library
Doesn't holding my assets in joint names protect them from my creditors or from lawsuits?
A: In many states that designation will protect your assets fromt the creditors of one spouse. But, if you are both sued, and a jusgment goes against you then those assets can be reached. Also, those assets are not protected from mediciad (for long term care expenses). Finally, joint accounts with children and others may not be protected and in some states (including Pennsylvania), if the joint account holder dies you may be taxed on your own funds.
For more info from David M. Frees, III
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Phone: (610) 933-8069
Fax: (610) 240-9323
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116 E. King St.
Malvern, PA 19355
Phone: (610) 240-0750
Fax: 610-240-9323
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West Chester
17 W. Gay St.
P.O. Box 515
West Chester, PA 19381
Phone: (610) 933-8069
Fax: 610-240-9323
See David by Appointment call 610-933-8069 For David Frees
Get Directions
Offices
Offices
Phoenixville
120 Gay St.
Phoenixville, PA 19460
Phone: (610) 933-8069
Fax: (610) 240-9323
Regular Business Hours
Malvern
116 E. King St.
Malvern, PA 19355
Phone: (610) 240-0750
Fax: 610-240-9323
By Appointment
West Chester
17 W. Gay St.
P.O. Box 515
West Chester, PA 19381
Phone: (610) 933-8069
Fax: 610-240-9323
See David by Appointment call 610-933-8069 For David Frees
Videos
Asset Protection:
- Pennsylvania Estate Planning Attorney On Asset Protection
- How Can I Protect My Assets with an Umbrella Policy?
- Pennsylvania Asset Protection Attorney: Protects Businesses & Assets
- Pennsylvania Estate Planning Attorney Says A Team of Advisers Can Help You Diversify & Protect Money
- Pennsylvania Estate Planning Attorney Says Build Your Team