{"id":3895,"date":"2019-11-22T07:30:48","date_gmt":"2019-11-22T12:30:48","guid":{"rendered":"http:\/\/mozingoandpatel.com\/?page_id=3895"},"modified":"2020-01-08T10:19:49","modified_gmt":"2020-01-08T15:19:49","slug":"asset-protection-family-limited-partnership","status":"publish","type":"page","link":"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/","title":{"rendered":"Asset Protection &#038; Family Limited Partnership"},"content":{"rendered":"<p>[et_pb_section bb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243; custom_padding=&#8221;0|0px|0|0px|false|false&#8221; _i=&#8221;0&#8243; _address=&#8221;0&#8243; next_background_color=&#8221;#000000&#8243;][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; make_equal=&#8221;on&#8221; padding_top_bottom_link_1=&#8221;true&#8221; padding_top_bottom_link_2=&#8221;true&#8221; padding_top_bottom_link_3=&#8221;true&#8221; module_class=&#8221; et_pb_row_fullwidth et_pb_row_fullwidth&#8221; _builder_version=&#8221;3.25&#8243; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;100%&#8221; max_width_tablet=&#8221;100%&#8221; max_width_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;0||0||false|false&#8221; make_fullwidth=&#8221;on&#8221; _i=&#8221;0&#8243; _address=&#8221;0.0&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.0.47&#8243; custom_padding=&#8221;0px||0px|&#8221; custom_padding__hover=&#8221;|||&#8221; _i=&#8221;0&#8243; _address=&#8221;0.0.0&#8243;][et_pb_text _builder_version=&#8221;3.27.4&#8243; text_text_color=&#8221;#ffffff&#8221; text_font_size=&#8221;30px&#8221; text_text_shadow_style=&#8221;preset1&#8243; text_text_shadow_color=&#8221;#000000&#8243; header_text_color=&#8221;#ffffff&#8221; header_2_text_color=&#8221;#ffffff&#8221; header_2_font_size=&#8221;36px&#8221; header_2_text_shadow_style=&#8221;preset4&#8243; background_color=&#8221;rgba(58,58,58,0.26)&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_start=&#8221;rgba(0,18,33,0.46)&#8221; background_color_gradient_end=&#8221;rgba(41,196,169,0)&#8221; background_color_gradient_start_position=&#8221;100%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;https:\/\/mozingoandpatel.com\/wp-content\/uploads\/2019\/12\/asset-protection-landscape.jpg&#8221; border_color_all=&#8221;rgba(0,0,0,0)&#8221; custom_padding=&#8221;100px||100px||true&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_delay=&#8221;900ms&#8221; z_index_tablet=&#8221;500&#8243; link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_3_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_3_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_3_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_4_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_4_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_4_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_5_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_5_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_5_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_6_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_6_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_6_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; _i=&#8221;0&#8243; _address=&#8221;0.0.0.0&#8243;]<\/p>\n<h1 style=\"text-align: center;\">Asset Protection &amp; Family Limited Partnership<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section bb_built=&#8221;1&#8243; admin_label=&#8221;About&#8221; _builder_version=&#8221;3.26.3&#8243; custom_padding=&#8221;45px|0px|45px|0px|false|false&#8221; z_index_tablet=&#8221;500&#8243; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; custom_css_main_element=&#8221;z-index: -20px;&#8221; _i=&#8221;1&#8243; _address=&#8221;1&#8243; prev_background_color=&#8221;#000000&#8243; next_background_color=&#8221;#000000&#8243;][et_pb_row column_structure=&#8221;2_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; make_equal=&#8221;on&#8221; padding_top_bottom_link_1=&#8221;true&#8221; padding_left_right_link_1=&#8221;true&#8221; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;0|0px|0|0px|false|false&#8221; _i=&#8221;0&#8243; _address=&#8221;1.0&#8243;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;3.0.47&#8243; background_color=&#8221;#f4f4f4&#8243; custom_padding=&#8221;30px|30px|30px|30px&#8221; custom_padding__hover=&#8221;|||&#8221; _i=&#8221;0&#8243; _address=&#8221;1.0.0&#8243;][et_pb_text _builder_version=&#8221;3.27.4&#8243; header_2_font_size=&#8221;18px&#8221; hover_enabled=&#8221;0&#8243; _i=&#8221;0&#8243; _address=&#8221;1.0.0.0&#8243;]<\/p>\n<h2><strong>ASSET PROTECTION<\/strong><\/h2>\n<p>More and more people are using the legal system to deprive others of their life&#8217;s work. Over 19 million new lawsuits are filed in the United States every year, many of which are frivolous or settled for sums greater than the actual liability.<\/p>\n<p>Business owners, professionals such as doctors, dentists, lawyers and accountants, and property owners in particular should be aware of the risk associated with conducting their business, practicing in their respective fields, and taking responsibility for others.<\/p>\n<p>Without a massive overhaul of our legal system, the risk and potential liability is not going to decline. In fact it has steadily increased over the last few decades. Assets can be at risk due to a number of vulnerabilities, including:<\/p>\n<ul>\n<li>Professional malpractice liability<\/li>\n<li>Personal liability of corporate officers and directors<\/li>\n<li>Lawsuits by former business partners<\/li>\n<li>Personal injury suffered on your premises<\/li>\n<li>Personal injury resulting form a motor vehicle accident<\/li>\n<li>Liability as guarantor for the debts of another<\/li>\n<li>Liability arising from misconduct<\/li>\n<\/ul>\n<p>Asset Protection is not about giving in to fear. It is about empowering yourself in the face of it. Our firm will work with clients to implement proven, legally-sound strategies that will help preserve their wealth and safeguard their assets.<\/p>\n<p>We represent professionals, small business owners, property owners, and other clients with the goal of protecting their assets against potential litigation, judgments, liens, and fraud.<\/p>\n<p>Insurance alone does not always adequately protect against all of these threats. We help clients protect their wealth using a variety of strategies including the use of special trusts, business entities and other legal arrangements.<\/p>\n<h2><strong>UTILIZING FAMILY LIMITED PARTNERSHIPS AS PART OF YOUR ESTATE PLAN<\/strong><\/h2>\n<p>A Family Limited Partnership (FLP) is a special legal vehicle that can preserve a family business for future generations while helping to shelter assets and reduce overall gift and estate taxes. FLPs are commonly used as part of business succession planning, business continuity plans, and often serve as an integral component of an estate plan for high net worth individuals.<\/p>\n<p>A Family Limited Partnership is typically established by married couples who place assets in the FLP and serve as its general partners. They may then grant limited-partnership interests to the children, of up to 99% of the value of the FLP\u2019s assets. When this occurs, the assets are removed from the general partners\u2019 estates, thus saving on future estate taxes. The general partners keep control of the FLP and its assets, even though they may own as little as just 1% of the asset\u2019s value.<\/p>\n<p>Limited partners may receive distributions from the FLP, and enjoy certain tax benefits. Asset protection is another attractive feature of the FLP. The partnership\u2019s assets are shielded from the limited partners\u2019 creditors. The interests in a FLP can be easily divided among family members, who may each own different amounts. The FLP enables ownership of a business to transfer to the younger generation, while allowing the senior generation to continue conducting operations and mentoring and grooming the young owners.<\/p>\n<p>One of the significant benefits of a properly established and maintained FLP is that it can reduce the value of gifts to your children and grandchildren. The value of each limited partnership interest which you give away decreases the value of your taxable estate and, consequently, any tax which your heirs would have to pay upon your death. The gifts are made using the annual gift tax exclusion, so you may not have to pay any gift tax on the transfer.<\/p>\n<p>Since limited partners do not have the ability to direct or control the day-to-day operation of the partnership, a minority discount can be applied to reduce the value of the limited partnership interests which you are gifting. Therefore, the value of the partnership interests transferred to your beneficiaries may be far less than the corresponding value of the assets in the partnership. Furthermore, because the partnership is a closely-held entity and not publicly-traded, a discount can be applied based upon the lack of marketability of the limited partnership interest. This allows you to leverage the FLP as a vehicle to transfer more wealth to your beneficiaries, while retaining control of the underlying assets.<\/p>\n<p>With these significant tax benefits, it\u2019s no surprise that many FLPs have attracted scrutiny from the IRS. Many have run into various problems due to mistakes or outright abuse. Care must be taken to ensure your FLP is properly established and operated. Specifically, the IRS may look at the following issues when assessing the viability of the FLP:<\/p>\n<p>It\u2019s not all about taxes. You stand a better chance of avoiding or surviving a challenge from the IRS if you can show a significant, legitimate non-tax-related reason the FLP was created. Tax savings are an important consideration, but you must be able to demonstrate that there are other reasons, as well.<\/p>\n<p>Keep your personal assets out of the FLP. You can reasonably expect to transfer closely held stock or interests in commercial real estate into a Family Limited Partnership. However, personal property such as cars or residences will not fare well against an IRS challenge. Similarly, the FLP\u2019s assets should not be used to pay for any personal expenses. The FLP must be a legitimate business entity operated to fulfill a business purpose.<\/p>\n<p>Have your FLP\u2019s assets professionally appraised. Partners or family members should not determine the valuations or discounts for any assets transferred into the FLP. A qualified appraiser has a much better chance of withstanding IRS scrutiny.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.0.47&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221; _i=&#8221;1&#8243; _address=&#8221;1.0.1&#8243;][et_pb_sidebar admin_label=&#8221;Patel PA Sidebar&#8221; area=&#8221;et_pb_widget_area_1&#8243; module_id=&#8221;pa_sidebar&#8221; _builder_version=&#8221;3.27.4&#8243; custom_margin=&#8221;0px||0px|&#8221; custom_padding=&#8221;0px|||&#8221; z_index_tablet=&#8221;500&#8243; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; global_module=&#8221;4099&#8243; saved_tabs=&#8221;all&#8221; _i=&#8221;0&#8243; _address=&#8221;1.0.1.0&#8243; \/][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section bb_built=&#8221;1&#8243; admin_label=&#8221;Menus&#8221; _builder_version=&#8221;3.22&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;bottom_center&#8221; custom_padding=&#8221;0|0px|0|0px|false|false&#8221; animation_style=&#8221;slide&#8221; animation_delay=&#8221;100ms&#8221; animation_intensity_slide=&#8221;17%&#8221; custom_css_main_element=&#8221;z-index: 100 !important;&#8221; custom_width_px=&#8221;900px&#8221; global_module=&#8221;2859&#8243; _i=&#8221;2&#8243; _address=&#8221;2&#8243; prev_background_color=&#8221;#000000&#8243; next_background_color=&#8221;rgba(0,0,0,0.92)&#8221;][et_pb_row global_parent=&#8221;2859&#8243; column_structure=&#8221;2_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; make_equal=&#8221;on&#8221; padding_top_bottom_link_1=&#8221;true&#8221; padding_top_bottom_link_2=&#8221;true&#8221; padding_left_right_link_1=&#8221;true&#8221; padding_left_right_link_2=&#8221;true&#8221; module_class=&#8221; et_pb_row_fullwidth&#8221; _builder_version=&#8221;3.25&#8243; border_color_all=&#8221;#ffffff&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;100%&#8221; max_width_tablet=&#8221;100%&#8221; max_width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;||||false&#8221; custom_padding=&#8221;0|0px|0|0px|true|true&#8221; make_fullwidth=&#8221;on&#8221; _i=&#8221;0&#8243; _address=&#8221;2.0&#8243;][et_pb_column type=&#8221;2_3&#8243; global_parent=&#8221;2859&#8243; _builder_version=&#8221;3.25&#8243; background_color=&#8221;#1c3350&#8243; custom_padding=&#8221;120px|70px|120px|70px&#8221; custom_padding__hover=&#8221;|||&#8221; _i=&#8221;0&#8243; _address=&#8221;2.0.0&#8243;][et_pb_text global_parent=&#8221;2859&#8243; _builder_version=&#8221;3.27.4&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;Amiri||||||||&#8221; header_text_align=&#8221;center&#8221; header_text_color=&#8221;#ffffff&#8221; header_font_size=&#8221;44px&#8221; header_letter_spacing=&#8221;-1px&#8221; custom_margin=&#8221;||-2px&#8221; _i=&#8221;0&#8243; _address=&#8221;2.0.0.0&#8243;]<\/p>\n<h1>Who We Are<\/h1>\n<p>[\/et_pb_text][et_pb_divider global_parent=&#8221;2859&#8243; color=&#8221;#b38e5d&#8221; divider_position=&#8221;center&#8221; divider_weight=&#8221;5px&#8221; _builder_version=&#8221;3.17.6&#8243; max_width=&#8221;11%&#8221; module_alignment=&#8221;center&#8221; _i=&#8221;1&#8243; _address=&#8221;2.0.0.1&#8243; \/][et_pb_text global_parent=&#8221;2859&#8243; _builder_version=&#8221;3.27.4&#8243; text_font=&#8221;||||||||&#8221; text_text_color=&#8221;#ffffff&#8221; header_font=&#8221;||||||||&#8221; max_width=&#8221;80%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;20px||&#8221; _i=&#8221;2&#8243; _address=&#8221;2.0.0.2&#8243;]<\/p>\n<p>Mozingo<span>\u00a0<\/span><span class=\"nameAmp\">&amp;<\/span><span>\u00a0<\/span>Patel, A.P.C., prides itself in developing relationships of duration, serving as legal advocate, confidant, and advisor.<\/p>\n<p>Mozingo<span>\u00a0<\/span><span class=\"nameAmp\">&amp;<\/span><span>\u00a0<\/span>Patel distinguishes itself from other law firms by maintaining a personal, one-on-one relationship with each of its clients. The firm is committed to ensuring that each of its clients has a thorough and complete understanding of the methods employed to protect client assets while minimizing client costs. While focused on the end result, the firm utilizes its resources efficiently, maximizing results and minimizing expense.<\/p>\n<p>We invite you to become a client and look forward to the opportunity of assisting you in the near future.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; global_parent=&#8221;2859&#8243; _builder_version=&#8221;3.25&#8243; background_color=&#8221;#b38e5d&#8221; custom_padding=&#8221;120px|50px|120px|50px&#8221; custom_padding__hover=&#8221;|||&#8221; _i=&#8221;1&#8243; _address=&#8221;2.0.1&#8243;][et_pb_text global_parent=&#8221;2859&#8243; _builder_version=&#8221;3.27.4&#8243; header_font=&#8221;Amiri||||||||&#8221; header_text_align=&#8221;center&#8221; header_text_color=&#8221;#ffffff&#8221; header_font_size=&#8221;44px&#8221; header_letter_spacing=&#8221;-1px&#8221; custom_margin=&#8221;||-2px&#8221; _i=&#8221;0&#8243; _address=&#8221;2.0.1.0&#8243;]<\/p>\n<h1>Let&#8217;s Work Together<\/h1>\n<p>[\/et_pb_text][et_pb_divider global_parent=&#8221;2859&#8243; color=&#8221;#1c3350&#8243; divider_position=&#8221;center&#8221; divider_weight=&#8221;5px&#8221; _builder_version=&#8221;3.17.6&#8243; max_width=&#8221;23%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||20px&#8221; _i=&#8221;1&#8243; _address=&#8221;2.0.1.1&#8243; \/][et_pb_text global_parent=&#8221;2859&#8243; _builder_version=&#8221;3.27.4&#8243; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#ffffff&#8221; text_font_size=&#8221;21px&#8221; header_font=&#8221;||||||||&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;20px||&#8221; _i=&#8221;2&#8243; _address=&#8221;2.0.1.2&#8243;]<\/p>\n<p style=\"text-align: center;\">Contact us through our website, or by phone for your complimentary consultation at <\/br>(949) 260-4777<\/p>\n<p>[\/et_pb_text][et_pb_button global_parent=&#8221;2859&#8243; button_url=&#8221;\/contact&#8221; button_text=&#8221;Contact Us Today&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;3.21.4&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;16px&#8221; button_text_color=&#8221;#b38e5d&#8221; button_bg_color=&#8221;#1c3350&#8243; button_border_width=&#8221;10px&#8221; button_border_color=&#8221;rgba(0,0,0,0)&#8221; button_border_radius=&#8221;0px&#8221; button_letter_spacing=&#8221;4px&#8221; button_font=&#8221;Cabin|700||on|||||&#8221; button_icon=&#8221;%%24%%&#8221; custom_margin=&#8221;80px||&#8221; button_border_radius_hover=&#8221;4px&#8221; button_letter_spacing_hover=&#8221;3px&#8221; locked=&#8221;off&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;on&#8221; button_border_radius__hover=&#8221;4px&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;on&#8221; button_letter_spacing__hover=&#8221;3px&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221; _i=&#8221;3&#8243; _address=&#8221;2.0.1.3&#8243; \/][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section bb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;3.27.4&#8243; background_color=&#8221;rgba(0,0,0,0.92)&#8221; custom_padding=&#8221;0|0px|0|0px|false|false&#8221; z_index_tablet=&#8221;500&#8243; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; disabled=&#8221;on&#8221; global_module=&#8221;3001&#8243; _i=&#8221;3&#8243; _address=&#8221;3&#8243; prev_background_color=&#8221;#ffffff&#8221;][et_pb_row global_parent=&#8221;3001&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;25px|0px|26px|0px|false|false&#8221; _i=&#8221;0&#8243; _address=&#8221;3.0&#8243;][et_pb_column type=&#8221;4_4&#8243; global_parent=&#8221;3001&#8243; _builder_version=&#8221;3.0.47&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221; _i=&#8221;0&#8243; _address=&#8221;3.0.0&#8243;][et_pb_text global_parent=&#8221;3001&#8243; _builder_version=&#8221;3.27.4&#8243; text_text_color=&#8221;#adadad&#8221; text_font_size=&#8221;12px&#8221; z_index_tablet=&#8221;500&#8243; _i=&#8221;0&#8243; _address=&#8221;3.0.0.0&#8243;]<\/p>\n<p style=\"text-align: center;\">2024 Copyright M&amp;P Mozingo &amp; Patel, A.P.C. | A Website Design by Ahrens Technologies<\/p>\n<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asset Protection &amp; Family Limited Partnership ASSET PROTECTION More and more people are using the legal system to deprive others of their life&#8217;s work. Over 19 million new lawsuits are filed in the United States every year, many of which are frivolous or settled for sums greater than the actual liability. Business owners, professionals such [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asset Protection &amp; Family Limited Partnership - Mozingo &amp; Patel<\/title>\n<meta name=\"description\" content=\"Asset Protection &amp; Family Limited Partnership law firm with offices in Irvine, California, New York, and London, England. Call or email us today.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asset Protection &amp; Family Limited Partnership - Mozingo &amp; Patel\" \/>\n<meta property=\"og:description\" content=\"Asset Protection &amp; Family Limited Partnership law firm with offices in Irvine, California, New York, and London, England. Call or email us today.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/\" \/>\n<meta property=\"og:site_name\" content=\"Mozingo &amp; Patel\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-08T15:19:49+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/\",\"url\":\"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/\",\"name\":\"Asset Protection & Family Limited Partnership - Mozingo & Patel\",\"isPartOf\":{\"@id\":\"https:\/\/mozingoandpatel.com\/#website\"},\"datePublished\":\"2019-11-22T12:30:48+00:00\",\"dateModified\":\"2020-01-08T15:19:49+00:00\",\"description\":\"Asset Protection & Family Limited Partnership law firm with offices in Irvine, California, New York, and London, England. Call or email us today.\",\"breadcrumb\":{\"@id\":\"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mozingoandpatel.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asset Protection &#038; Family Limited Partnership\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mozingoandpatel.com\/#website\",\"url\":\"https:\/\/mozingoandpatel.com\/\",\"name\":\"Mozingo &amp; Patel\",\"description\":\"Estate Planning &amp; Elder Law Firm\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mozingoandpatel.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Asset Protection & Family Limited Partnership - Mozingo & Patel","description":"Asset Protection & Family Limited Partnership law firm with offices in Irvine, California, New York, and London, England. Call or email us today.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/","og_locale":"en_US","og_type":"article","og_title":"Asset Protection & Family Limited Partnership - Mozingo & Patel","og_description":"Asset Protection & Family Limited Partnership law firm with offices in Irvine, California, New York, and London, England. Call or email us today.","og_url":"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/","og_site_name":"Mozingo &amp; Patel","article_modified_time":"2020-01-08T15:19:49+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/","url":"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/","name":"Asset Protection & Family Limited Partnership - Mozingo & Patel","isPartOf":{"@id":"https:\/\/mozingoandpatel.com\/#website"},"datePublished":"2019-11-22T12:30:48+00:00","dateModified":"2020-01-08T15:19:49+00:00","description":"Asset Protection & Family Limited Partnership law firm with offices in Irvine, California, New York, and London, England. Call or email us today.","breadcrumb":{"@id":"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mozingoandpatel.com\/asset-protection-family-limited-partnership\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mozingoandpatel.com\/"},{"@type":"ListItem","position":2,"name":"Asset Protection &#038; Family Limited Partnership"}]},{"@type":"WebSite","@id":"https:\/\/mozingoandpatel.com\/#website","url":"https:\/\/mozingoandpatel.com\/","name":"Mozingo &amp; Patel","description":"Estate Planning &amp; Elder Law Firm","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mozingoandpatel.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"}]}},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/mozingoandpatel.com\/wp-json\/wp\/v2\/pages\/3895"}],"collection":[{"href":"https:\/\/mozingoandpatel.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mozingoandpatel.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mozingoandpatel.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mozingoandpatel.com\/wp-json\/wp\/v2\/comments?post=3895"}],"version-history":[{"count":17,"href":"https:\/\/mozingoandpatel.com\/wp-json\/wp\/v2\/pages\/3895\/revisions"}],"predecessor-version":[{"id":4523,"href":"https:\/\/mozingoandpatel.com\/wp-json\/wp\/v2\/pages\/3895\/revisions\/4523"}],"wp:attachment":[{"href":"https:\/\/mozingoandpatel.com\/wp-json\/wp\/v2\/media?parent=3895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}