The Estate & Asset Protection Law Firm Owner, Shannon Pawley, Writes About The Need Business Owners Have For Asset Protection Plans Specifically For Their Business.
Estate & Asset Protection Law Firm Owner, Shannon Pawley, focusses on business owners and their need for specific asset protection plans to minimize or avoid potential risks which allows business owners to then more comfortably pursue their profit making activities.
DECATUR, GA, August 24, 2022: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new blog on the law firm’s website entitled “Business Owners Need Dual Primary Objectives,” in which Ms. Pawley puts asset protection on the same plane as making a profit.
Pawley writes, “The number one objective of most business owners is to turn a profit. Yet,” she continues, “turning a profit, while important, needs to be a parallel objective with protecting your business’s assets.”
As Pawley notes, “Some businesses have what’s known as “dangerous” assets. These include rental real estate, commercial property, tools and equipment and motor vehicles.” She states, “Dangerous assets carry a substantial risk of liability. And, yes,” she adds, “there are also “safe” assets. These include the ownership of stocks, bonds, and individually owned bank accounts which, by their very nature do not carry risk.”
“Any business owner knows that there are ups and downs, challenges, and tough times to get through,” Pawley acknowledges. She goes on to add, “However, depending on your business, the litigious nature of people may not come to mind when you think of the challenges that may lie ahead of you in your business. The fact is we do live in a litigious society.” Pawley emphasizes, “An asset-protection plan employs legal strategies, that must be put in place before a lawsuit or claim arises, that can deter a potential litigious claimant or help prevent the seizure.
The entire blog can be read at LINK HERE
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets, and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Shannon M. Pawley, J.D., LL.M
As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence