ANSWERING 24/7 | HABLAMOS ESPAÑOL
Rhode Island Asset Protection Lawyer
Planning futures. Protecting legacies. Preserving peace of mind.
Asset protection is structuring what you own so that a future lawsuit, creditor, or long-term care bill cannot take it. It is done in advance, lawfully, and in the open. Our Providence attorneys design the structure, then put it in place with deeds, trusts, and entities that hold up.
What a plan protects against
Lawsuits and judgments against you personally
Creditor claims from a business or a guarantee
Nursing home and long-term care costs
35+
Years experience
1,000+
Case representations
100+
Businesses served
24/7
Available to you
Is this for you?
Who this is for, and what it does
This is for you if
You own a business, rental property, or practice
You work in a profession that carries liability exposure
You want to preserve a home or savings against care costs
You have more than one property or significant savings
What it does
Separates personal assets from business risk
Uses trusts and entities that creditors cannot easily reach
Takes advantage of Rhode Island's exemptions
Is planned early, before any claim exists
How it works
From first conversation to signed documents
1
Exposure review
What you own, how it is titled, what could reach it, and what Rhode Island already protects.
2
Structure
Irrevocable trusts, LLCs for business and rental property, beneficiary and title changes, and insurance gaps identified.
3
Implementation
Deeds, operating agreements, trust documents, and retitling, executed and recorded.
4
Maintenance
Reviewed as assets, laws, and risks change. Protection is a structure, not a one-time document.
What we do for you
How Tarro Law will help you
A plain-English conversation first
You describe your family and what you own. We explain the options without jargon, and you decide.
Documents drafted for Rhode Island
Every document is written to Rhode Island's requirements, not adapted from a generic form.
Scope agreed before we start
You know exactly what is included before any work begins. No open-ended billing on planning work.
Signing done properly
Witnesses, notary, and execution handled so banks, hospitals, and courts accept the documents.
Reviewed as life changes
A marriage, a birth, a move, or a sale can change the plan. We tell you when it is time to revisit it.
Direct access to your attorney
Phone, email, and the client portal, with a lawyer who knows your file. Hablamos español.
Asset Protection
What we prepare
The documents and steps that typically make up this work. Not every item applies to every client; we tell you which you need.
Irrevocable trust
Removes assets from your reach, and therefore from creditors'.
Limited liability company
Separates rental or business liability from personal assets.
Homestead protection
Rhode Island's exemption for your primary residence, properly claimed.
Long-term care planning
Structures that address future care costs within the look-back rules.
Insurance review
Umbrella and professional coverage sized to your actual exposure.
Title and beneficiary changes
Ownership and designations aligned with the structure.
Why it matters
Without a plan, and with one
Situation
Without a plan
With Tarro Law
A lawsuit is filed
Personal assets are exposed to the judgment
Protected assets sit outside your reach and the creditor's
Rental property
Tenant injury reaches your home and savings
Liability stops at the LLC
Long-term care
Savings are spent down before assistance applies
Planned structures preserve what rules allow
Timing
Transfers after a claim can be reversed
Done early, the structure holds
About the firm
Local roots in Providence. Statewide reach across Rhode Island.
Tarro Law Associates has spent more than 35 years helping Rhode Island families and business owners plan, protect, and pass on what they have built, from its office on Broadway in Providence. Clients work directly with their attorney, and our attorneys are licensed in Rhode Island, Massachusetts, and Florida.
No office visit is needed for most planning work:
Meet by phone or video, or in person in Providence
Review drafts and share documents through the secure client portal
Sign with the witnesses and notary Rhode Island requires, arranged by us
Common questions
Asset Protection questions we hear first
Is asset protection legal?
Yes, when done in advance and in the open. Structuring ownership before any claim exists is ordinary planning. Moving assets after a claim arises, to defeat a known creditor, is a fraudulent transfer and can be undone. Timing is everything, which is why we start before there is a problem.
What does Rhode Island already protect?
Rhode Island provides a homestead exemption for a primary residence, protection for retirement accounts and certain insurance, and other statutory exemptions. We identify what you already have before adding structure.
Will a revocable trust protect my assets?
No. A revocable trust avoids probate but assets in it remain yours and reachable by creditors. Protection requires an irrevocable structure or a separate entity, with the trade-offs that brings.
Can asset protection help with nursing home costs?
It can, within the rules. Transfers are subject to a look-back period, so planning done years in advance preserves far more than planning done at the point of need. This is a conversation to have early.
Does this replace insurance?
No. Insurance is the first line of defence and asset protection structures are the second. We review your coverage as part of the plan, because an underinsured risk is the most common gap we find.
More ways we can help
Other services at Tarro Law
Wills, Trusts & Estates
Estate plans, trusts, powers of attorney, probate, and estate disputes.
Personal Injury
Crashes, falls, medical negligence, and catastrophic or fatal injuries across Rhode Island.
Fractional General Counsel
A dedicated business attorney on a month-to-month plan, for a set monthly fee.
Other estate planning services in Rhode Island
Next step
Make the Call™
Tell us about your family and what you own. We will explain what a plan would include, what it costs, and how long it takes. Someone answers 24/7.
Main office
Providence, RI
425 Broadway, Providence, RI 02909
Serving
Every city and town in Rhode Island, and clients in Massachusetts and Florida.
This site is designed to be accessible to and usable by people with and without disabilities. Please contact us if you encounter an accessibility or usability issue on this site. Attorney advertising. Prior results do not guarantee a similar outcome. Cases will be handled by attorneys licensed in the local jurisdiction. Cases may be associated with, or referred to, other law firms as co-counsel or referral counsel.
Copyright © 2026. Tarro Law Associates, PC. All rights reserved.