Pre-Bankruptcy Planning Issues and Strategies for Debtors’ Attorneys Regarding Protection of Assets

This session will focus on debtors’ attorneys’ pre-bankruptcy advice and planning regarding the protection of a debtor’s assets, including maximizing exemptions without getting into trouble, analyzing and counseling the client on the vulnerability of transfers of property that the debtor already made to family members or trusts before seeking your counsel, permissible actions to mitigate liabilities on account of a debtor’s pre-petition transfers, what can legitimately and ethically be done to enable debtors to maximize their exemptions without jeopardizing their discharges, and the use of family trusts, self-settled trusts and the effect of the new Domestic Asset Protection Trust Act in Michigan.

Price: $25.00
SKU: 173285
75 mins
Hon. Daniel S. Opperman U.S. Bankruptcy Court (E.D. Mich.); Detroit Charles J. Schneider Charles J. Schneider, P.C.; Livonia, Mich. Jason P. Smalarz Gold, Lange & Majoros, PC; Southfield, Mich. Michael A. Stevenson Stevenson & Bullock PLC; Southfield, Mich.

ABI encourages participants to ask questions during sessions both live and on demand. If you have a question for a panelist during a session you should email the panelist your question and the panelist will respond to you promptly. Most panelists are ABI members, so you can access the panelist's email address in ABI's membership directory, or alternatively you can go to and ask your question there.