Asset protection Attorney Denver

You’ve worked hard to build what you have—your home, your savings, your business. But in today’s world, it only takes one lawsuit, accident, or long-term care crisis to put it all in jeopardy. Whether you’re a physician concerned about malpractice claims, a business owner facing contractual risk, or a retiree worried about long-term care costs, the truth is the same: the time to protect your assets is before there’s a problem.

Asset protection is the proactive legal strategy of shielding your wealth from future threats using smart, fully legal planning. The goal is not to hide your money—it’s to structure ownership and control in a way that legally minimizes risk. This includes how your accounts are titled, who controls them in incapacity, how exposed they are to creditors, and what would happen in the event of a lawsuit, divorce, or medical emergency.

Unfortunately, many people wait too long. They only start asking questions when they’re being sued, audited, or served with notice of a nursing home lien. By then, many of the most effective tools are no longer available. But those who start planning early—before an event arises—can legally preserve almost everything.

At Legacy Law Group Colorado, we help families, professionals, retirees, and entrepreneurs across the state:

• Minimize legal and financial risk exposure
• Preserve multi-generational wealth
• Avoid unnecessary probate, taxes, or spend-down
• Retain control while reducing liability
• Create plans that integrate estate, business, and Medicaid goals
• Ensure inheritances don’t vanish in a divorce or lawsuit
• Protect future generations from squandering assets

Whether you have $100,000 or $10 million in assets, protection isn’t about how much you have—it’s about how well you’ve structured it. A well-built asset protection plan ensures your efforts benefit your family—not creditors, lawsuits, or government taxes/programs.

You don’t need to be wealthy to benefit from asset protection—you just need to be smart—and proactive. The best time to protect your assets was five years ago. The second-best time is today.

What Is Asset Protection?

Asset protection involves using legal structures and smart planning to shield assets from current and future risks. These strategies are designed to create barriers between your wealth and those who might try to access it unfairly or unexpectedly. Without a proper asset protection plan in place, even a minor legal issue or unexpected health event can lead to catastrophic financial consequences.

Asset protection may involve:

• Structuring ownership of real estate or investments through trusts and LLCs
• Transferring assets into irrevocable trusts to prevent them from being counted in lawsuits or Medicaid eligibility
• Using spousal strategies to ensure married couples can retain wealth if one spouse enters long-term care
• Preparing proper power of attorney documents to allow trusted individuals to implement planning during incapacity

By proactively taking legal steps, you avoid the pitfalls of having to respond in crisis mode—when your options are most limited.

Asset protection strategies are especially useful for:

• Small business owners who face commercial or contractual risk
• Landlords or real estate investors dealing with tenants and liability
• Families passing down wealth across generations and needing to protect beneficiaries from outside influences

In Colorado, where specific rules govern Medicaid asset rules, property exemptions, and trust structure compliance, a local approach is especially important.

When done properly, asset protection planning:

• Is fully legal and ethical, following all state and federal guidelines
• Keeps you in control of your assets while minimizing exposure
• Strengthens your estate plan and ensures your wishes are carried out
• Creates long-term peace of mind for yourself and your loved ones
• Coordinates with tax professionals, CPAs, and financial advisors to ensure compliance and efficiency
• Prevents forced sales of family property or investment portfolios during lawsuits or care crises

The earlier you implement asset protection strategies, the more tools are available to you—and the more resilient your estate becomes against life’s uncertainties.

Who Needs Asset Protection?

You don’t have to be a millionaire to need protection. In fact, some of the people we help the most include:

• Parents who want to protect their home and life insurance from lawsuits or Medicaid spend-down
• Doctors, dentists, and other professionals at risk of malpractice or creditor exposure
• Business owners and landlords who want to shield personal assets from business or tenant liabilities
• Real estate investors with multiple properties
• Retirees worried about protecting their savings from long-term care costs
• Couples with blended families who want to protect children from previous marriages
• High-income earners with exposure to lawsuits or tax liability
• Beneficiaries receiving inheritances who need protection from divorce or debt collectors

If you own a home, run a business, have savings, or have people relying on you—you need an asset protection strategy.

What Tools Do We Use to Protect Your Assets?

There’s no one-size-fits-all solution. We design a custom strategy based on your situation, your goals, and your risk profile. Whether you’re a high-net-worth individual, a small business owner, or a retiree looking to preserve your nest egg, our asset protection plans are tailored to give you both flexibility and security.

Here are just some of the key legal tools and strategies we use:

Irrevocable Trusts

Used to remove assets from your estate and protect them from lawsuits, Medicaid spend-down, and potential creditors—while still allowing you to benefit your loved ones. In Colorado, these are especially useful for Medicaid planning, business owners, and anyone wanting to preserve real estate, investment accounts, or family wealth.

We also design grantor trusts and hybrid irrevocable trusts that maintain certain tax benefits while still offering protection.

LLCs and Holding Companies

If you own rental properties, operate a business, or have multiple income-producing assets, we can form limited liability companies or layered LLC structures to isolate risk. This ensures that a lawsuit involving one asset doesn’t put everything else you own in jeopardy. Holding companies can also serve as centralized managers of multiple LLCs, making your estate more organized and defensible.

Domestic Asset Protection Trusts (DAPTs)

Although not enforceable in every state, we work with clients to establish jurisdictionally advantageous trusts—in states like Nevada or Wyoming—when appropriate. These trusts add another layer of protection for personal or business wealth.

Tenancy Planning for Married Couples

We can restructure real estate ownership between spouses to make it harder for creditors or lawsuit judgments to force a sale. Strategic titling (such as tenancy by the entirety) can add insulation against claims, particularly if one spouse is at higher risk than the other.

Special Power of Attorney Language

Most powers of attorney don’t include the provisions necessary for advanced asset protection moves. We draft custom POAs that give your trusted agent the legal authority to fund trusts, create LLCs, and shift ownership strategically in the event you become incapacitated.

Spousal Lifetime Access Trusts (SLATs)

Ideal for married couples, these irrevocable trusts allow one spouse to benefit from the trust during their lifetime, while still removing the asset from both spouses’ estates. We often use SLATs to protect life insurance proceeds, investment accounts, or gifted real estate.

Retirement Account Protection & Beneficiary Planning

We help you protect your IRAs, 401(k)s, and other retirement accounts through smart beneficiary designations and trust coordination. Many people don’t realize these accounts are vulnerable if inherited outright. We guide you on when and how to use standalone retirement trusts for maximum protection.

Homestead Planning and Equity Protection

In Colorado, certain homestead exemptions can be leveraged to shield your primary residence. We can help you structure additional protection strategies around those rules to safeguard home equity beyond the statutory limits.

Asset Segregation & Gifting Strategies

Sometimes the simplest tool is just dividing ownership wisely. We evaluate your exposure and may recommend interspousal gifts, asset partitioning, or strategic gifting to irrevocable trusts within the boundaries of Medicaid and tax law.

Coordination with Your Estate Plan

Asset protection doesn’t work in a vacuum. We align your strategy with your trusts and estate planning documents to make sure your plan is both protective and functional.

That includes:

• Reviewing wills, trusts, and POAs
• Retitling assets to align with trusts
• Ensuring beneficiary designations don’t conflict with protection strategies
• Coordinating with CPAs and financial advisors for integrated tax efficiency

In short, we don’t just protect your assets—we protect your vision for the future. With the right combination of tools, you can lock in security today while preserving flexibility for tomorrow.

Real Example: How We Helped a Colorado Family Save Their Legacy

A couple in their late 60s came to us with a simple request: protect our home and savings from long-term care costs without losing control. Their home was paid off, their savings were modest, and they didn’t want to lose everything to a nursing home bill down the road.

We created a customized irrevocable trust for them, updated their powers of attorney, and coordinated their retirement account designations. We also added Medicaid-compliant gifting strategies and aligned their estate plan so that their children could inherit without delay or probate.

Now, if long-term care is ever needed, their assets are shielded—and they still live in and control their home. Their kids will inherit protected assets, without fear of Medicaid estate recovery or probate court delays.

Why Work with an Asset Protection Attorney in Colorado?

Colorado has unique laws about:

• Fraudulent conveyance
• Medicaid spend-down and lookback periods
• Real property exemptions and titling
• Trust compliance and taxation
• Community spouse protections for married couples

That’s why it’s critical to work with a Colorado-based asset protection attorney who knows the local landscape.

We help you:

• Avoid costly mistakes from DIY plans or online documents
• Build a strategy that holds up in Colorado courts
• Coordinate your asset protection with your family, business, and legacy plans
• Plan for long-term care in compliance with state Medicaid rules
• Future-proof your protection through ongoing legal updates

Our Process: Simple, Legal, and Strategic

1. Discovery Call – We review your goals and concerns.
2. Risk Assessment – We analyze your assets, liabilities, and exposures.
3. Custom Plan – We create a legal strategy tailored to your risk level.
4. Implementation – We set up the trusts, entities, or titling changes.
5. Ongoing Support – We stay available for updates and future changes.

You’ll walk away with confidence, clarity, and a legal shield around what matters most.