Asset Protection

Asset Protection Attorneys in Philadelphia and Surrounding Counties

You’ve worked hard to build your assets—now it’s time to protect them. Whether you’re concerned about long-term care costs, potential lawsuits, business risks, or future estate taxes, strategic asset protection helps safeguard your wealth for the next generation. At Mittman Law, we help clients across Bucks County, Montgomery County, Philadelphia, Chester, Lehigh, Northampton, and Delaware Counties preserve what matters most through smart, legally sound planning.

Our Asset Protection Services

From trusts to insurance strategies, our firm designs comprehensive asset protection plans tailored to your life, your goals, and your future. We provide forward-thinking legal tools to shield assets from future threats while maintaining control, flexibility, and compliance with Pennsylvania law.

Irrevocable Trusts

rusts are powerful tools for asset protection and estate planning. We help clients:

Create Irrevocable Asset Protection Trusts to shield property from creditors and long-term care costs

Fund trusts properly to maintain Medicaid eligibility and reduce estate tax exposure

Use Medicaid Asset Protection Trusts (MAPTs) to qualify for benefits while protecting family wealth

Set up Special Needs Trusts to safeguard assets for loved ones with disabilities without jeopardizing government aid

Business and Real Estate Protection

For business owners and real estate investors, your personal wealth can be at risk without proper legal safeguards. We assist with:

Separating personal and business liabilities through proper entity formation (LLCs, S-corps, etc.)

Creating family limited partnerships or trusts to insulate real estate from claims

Drafting operating agreements and succession plans to protect against internal disputes or litigation

Insurance-Based Strategies

Insurance is a critical yet often overlooked component of asset protection. We guide clients on:

Long-Term Care Insurance: Helps cover nursing home or in-home care costs, protecting your estate from being spent down to qualify for Medicaid

Life Insurance: Preserves generational wealth and ensures liquidity for taxes, debts, and final expenses

Selecting the right policy type (term, whole, hybrid) based on your age, health, and estate goals

Using insurance inside trusts to maximize tax efficiency and creditor protection

Risk Management Planning

Asset protection isn’t just about paperwork—it’s about thinking ahead. We help you:

Identify and evaluate personal or professional risk exposures

Structure ownership of high-value assets (homes, investments) to limit liability

Build layered legal defenses using Pennsylvania’s exemption and titling laws

Benefits of Asset Protection Planning

A strong asset protection plan gives you control, confidence, and long-term financial security. It helps you:

Shield property and savings from lawsuits, creditors, or Medicaid spend-down

Preserve wealth for your spouse, children, or other heirs

Avoid financial disruption due to illness, incapacity, or legal disputes

Reduce estate taxes and simplify inheritance planning

We’d Like To Help You Protect Your Legacy

For more than a century, we have worked with individuals and families to translate their success into a meaningful and lasting legacy. Let us help you plan and probate your estate. Contact Us Today (215) 822-9750 for a FREE consultation.

Quick Search

Why Choose Mittman Law?

At Mittman Law, we bring 40+ years of experience helping Pennsylvania families build asset protection strategies that stand the test of time. Here’s what sets us apart:

Deep Legal Knowledge

Tailored, Thoughtful Plans

Practical and Proactive

Transparent Pricing

Rooted in the Region