If you are filing a Marchman Act Petition to protect a loved one, spouse, significant other or friend from drug or alcohol addiction or a mental health disorder, one of the most critical actions you can take is to ensure that assets are protected. For example, parents often plan to leave their assets to their children when they pass on so consideration must be given to the consequences of leaving assets to a child with drug addiction issues. A spouse who is filing a Petition against the other spouse may seek to protect the marital assets from depletion.
At Drug And Alcohol Attorneys one of the options that we offer our clients is the ability to consult with an attorney skilled in asset protection so that while our Marchman Act Attorneys are protecting the loved one, our asset protection attorney can protect assets from depletion and waste. Asset protection is a form of insurance so that assets are protected from both the loved one’s drug addiction and individuals and companies who may make claims against those assets.
Our asset protection attorney will also help you to create a Special Needs Trust to protect the receipt of public benefits, such as SSI, SSDI, and Medicaid.