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Asset Armor

What if I don't protect my assets?

Do you own a boat or a recreational vehicle in your own name? Do your kids’ friends, neighbors, extended family and friends enjoy these vehicles with you? If so, the Asset Armor™ package is designed for you.

If someone gets hurt using your boat or recreational vehicles, the only way to recover is for them to sue you personally to get access to the liability insurance you have on the recreational vehicle. Good insurance is key to any asset protection plan, but it is not the solve all it is often represented to be.

If a lawsuit is brought and your insurance settles quickly or caps out because the claim is so large, the owner of the recreational vehicle can be held liable for the excess damages. Our goal is to help protect you, your family and your hard-earned assets from such a disaster.

We designed the Asset Armor Package to protect assets that can be taken by someone injured on your boat or recreational vehicle.

Please note that if you are already in any stage of a lawsuit, it is too late to create an asset protection plan from that lawsuit, but we can still protect you against future lawsuits. Every state has laws that protect a creditor against a person who transfers their assets with the intention of hindering, delaying, or defrauding the creditor. If you do attempt to protect your assets while a lawsuit is being filed against you, the court may reverse the transfers.

The Asset Armor Packages are designed to provide an extra layer of protection around the liabilities of boat and recreational vehicle ownership. However, if you already own a boat or recreational vehicle there may be transfer taxes owed, so please do not attempt to create your own asset protection plan.

We have designed three different packages for you depending on your specific needs. Contact our office today, don’t delay!

Bronze Package

If you only own one boat or recreational vehicle, and you are the only one to operate or drive the vehicle, then this package might be for you. This package includes:

  1. Simple single-member Florida Limited Liability Company (“LLC”) designed to protect one boat or one personally owned recreational vehicle
  2. Florida Articles of Organization
  3. The LLC can be named anything you want so long as it is available in the state of Florida
  4. Florida Certificate of Status
  5. A basic Florida Operating Agreement designed to provide key provisions specifically for the ownership of one boat or recreational vehicle
  6. A basic limited liability waiver for guests to sign before using your boat or recreational vehicle
  7. A banking resolution to allow the purchase of the boat and recreational vehicle
  8. All documents will be labeled with the trademarked Asset Armor logo
  9. All Documents will arrive in a Dorcey Law Firm, PLC folder

Expected fee range for a Bronze Package $1,250-$1,750

Silver Package:

If you own several boats or recreational vehicles and you allow for other people to drive and operate them, then this package might be for you.

  1. Comprehensive single- or multi-member Florida Limited Liability Company designed to protect larger investments in boats and personally owned recreational vehicles (can hold multiple boats and/or recreational vehicles)
  2. Florida Articles of Organization
  3. The LLC can be named anything you want so long as it is available in the state of Florida
  4. Florida Certificate of Status
  5. Founding Member and Manager Minutes (provides for the Member and Manager to be the same person)
  6. A Comprehensive Florida Operating Agreement designed to provide key provisions specifically for the ownership of boats and recreational vehicles
  7. A generalized comprehensive limited liability waiver for guests to sign before using your boat(s) or recreational vehicle(s)
  8. A banking resolution to allow the purchase of boats and recreational vehicles
  9. All documents will be labeled with the trademarked Asset Armor logo
  10. All Documents will arrive is a Dorcey Law Firm, PLC custom Asset Armor binder with all documents in protective sheets, tabs and table of contents.

Expected fee range for the silver package $2,000-$2,500

Gold Package:

If you own several boats or recreational vehicles and you name and label each of them with a specific name, and you like to have customized items to match each of them and each name, then this package might be for you.

  1. Customized comprehensive single- or multi-member Florida Limited Liability Company designed to protect larger investments in boats and personally owned recreational vehicles (can hold multiple boats and/or recreational vehicles)
  2. Florida Articles of Organization
  3. The LLC can be named anything you want so long as it is available in the state of Florida
  4. Florida Certificate of Status
  5. A Comprehensive Florida Operating Agreement designed to provide key provisions specifically for the ownership of several boats and recreational vehicles
  6. Founding Member(s) and Manager Minutes (provides for multiple Member(s) and Manager(s))
  7. A comprehensive limited liability waiver for guests to sign before using your boat(s) or recreational vehicle(s). Each boat or recreational vehicle will have a customized waiver specifically designed for each boat or recreational vehicle that you own which will cover the specific injuries or liabilities that could be incurred while using the boat or vehicle.
  8. A banking and members resolution to allow the purchase and sale of boats and recreational vehicles
  9. All documents will be labeled with your custom business name, boat name and/or recreational vehicle name.
  10. All Documents will arrive in custom LLC binder under the name of your LLC with all documents in protective sheets, tabs and table of contents.

Expected fee range for the Gold Package $4,500-$7,500

Platinum Package:

Is a custom Asset Amor package that is utilized for very complex cases and very high net worth individuals that want multiple levels of liability and want to keep the ownership of their boats, recreational vehicles and LLC’s private from the public eye. This package may utilize LLC’s or Asset Protection Trusts from other states or countries.

Expected fee range for a custom Platinum package: $7,500+

dorcey law firm
The Dorcey Law Firm, PLC - Fort Myers Attorney
Located at 10181 Six Mile Cypress Pkwy, Suite C, Fort Myers, FL 33966
Phone: (239) 330-6674
Local Phone: (239) 418-0169
Website: http://www.dorceylaw.com
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