Asset Protection

Although professional athletes are frequent targets for litigation due to their wealth, many athletes have not taken even rudimentary steps to protect the assets they have accumulated during their careers from potential litigants and judgment creditors.  Potential claims may arise from a multitude of sources, and are often related to real estate assets owned by the athlete and businesses in which the athlete has an ownership interest.

To assist professional athletes in shielding their personal and business assets in the event of a lawsuit or claim, Entertainment Tax Advisors, LLC has an arsenal of strategies.   From selecting the optimal legal structure for side businesses to alternative risk management tools and more sophisticated trust techniques, ETA examines each athlete’s unique set of circumstances to construct a custom plan providing optimal asset protection.