Asset Protection Attorney in Los Angeles
Proactive Planning for Families, Property Owners & Businesses
Law Office of Mitchell A. Port provides tax-informed asset protection planning within a broader practice focused on trusts, estate planning, probate, and related tax matters. Individuals, families, and business owners work directly with Mitch Port, a former IRS attorney with more than four decades of legal experience.
Asset protection uses lawful trust, estate, and business structures to manage exposure to future creditor claims and lawsuits. Timing matters: a transfer made with intent to place property beyond the reach of an existing creditor can be challenged and reversed by a court, so planning is most effective before a liability arises.
Discuss assets, liabilities, and planning priorities during a free phone consultation. Call (310) 526-3433 to speak with the firm.
Tax-Informed Strategy From a Former IRS Attorney
Mitch Port worked in the IRS Office of Chief Counsel before entering private practice. That background allows him to evaluate a proposed strategy against estate tax, gift tax, income tax, and trust administration rules rather than treating creditor protection as an isolated concern.
Clients receive direct, personalized guidance from Mitch. He examines how property is titled, which assets are held personally or through a business entity, how an existing estate plan operates, and whether a proposed change could create unwanted tax or administration consequences. That integrated view is part of the firm’s approach.
Trusts & Business Structures Used in Asset Planning
No single legal tool protects every asset from every claim. The appropriate structure depends on ownership, control, the nature of the potential liability, family goals, and when the planning occurs.
Irrevocable Trusts
An irrevocable trust generally limits the trust creator’s ability to change the trust or reclaim transferred property. Depending on its terms, beneficiaries, funding, and timing, this separation of ownership and control may provide creditor protection. It can also raise estate and gift tax questions that should be evaluated before assets are transferred.
Revocable Living Trusts
A revocable living trust generally doesn’t protect the trust creator’s assets from personal creditors because the creator retains control. Under California Probate Code Section 18200, trust property remains subject to the settlor’s creditors while the power to revoke is retained. Its primary functions are organizing property, planning for incapacity, and helping funded assets pass outside probate. It can still serve as the foundation for a coordinated estate and asset plan.
Limited Liability Entities
Business entity structuring can separate business activities from personal ownership when the entity is properly formed, funded, and maintained. For business owners, this planning is often coordinated with ownership transfers and business succession planning so that liability, continuity, and estate goals are addressed together.
Put a Lawful Protection Strategy in Place
A consultation gives prospective clients the opportunity to identify exposure, review existing trusts or entities, and discuss whether changes fit their estate and tax objectives. Planning before a dispute or claim emerges provides more options than responding after liability has become apparent.
Estate & Asset Protection Planning Videos
The firm’s videos provide additional context on estate planning, trusts, probate, and the legal and tax considerations that can affect asset ownership. This general information can help viewers identify topics to raise during a personalized consultation with Mitch Port.
Call (310) 526-3433 to discuss an asset protection plan. Law Office of Mitchell A. Port offers free phone consultations and direct access to Mitch Port for personalized guidance.
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"I’m happy to give Mitchell Port my highest rating as a truly professional and highly competent lawyer."I’m happy to give Mitchell Port my highest rating as a truly professional and highly competent lawyer.- George
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"I highly recommend Mitchell A. Port"Living outside California, I needed an attorney from the Los Angeles area to handle my difficult LA Probate case. I went online and fortunately found a very experienced Probate Attorney in LA named Mitchell A. Port. Mitchell took my Probate case and did an excellent job helping me navigate through the intricacies of the LA Court Probate system. He quickly responded to any questions I had and was extremely knowledgeable about the steps required to complete the entire Los Angeles County Probate process. I highly recommend Mitchell A. Port to handle any of your future needs concerning the LA Court Probate system.- Randall
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"Knowledgeable, Personable and Results-oriented"Mitch is a great attorney - knowledgeable, personable and results-oriented. He helped me work through a challenging probate issue and his expertise was invaluable in terms of moving the case forward. Two thumbs up and five stars from me.- Jason
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"I found Mitch online and it was the best click I ever made"When I needed a probate attorney I found Mitch online and it was the best click I ever made. Thanks, Mitch- Norman S.
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"My brother and I have been so fortunate that my father chose Mitch Port to create his Trust!"My brother and I have been so fortunate that my father chose Mitch Port to create his Trust!- Cathy W
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"Mitch is compassionate, extremely knowledgeable and professional"
Mitch is compassionate, extremely knowledgeable and professional
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"Mitchell met my highest expectations."Mitchell met my highest expectations.- LaTrisha M
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"Mitch was awesome throughout this entire process and made this a stressless process."Mitch was awesome throughout this entire process and made this a stressless process.- M. C.
