Asset Protection Planning Attorneys in Cranston, Rhode Island
Protect Everything You've Built, for Generations to Come
Legal, proactive strategies that shield your home, savings, and business from lawsuits and creditors. Planning done early, while things are calm, from a family firm that thinks long-term.
Family-owned & operated in Cranston, RI
- Family-Owned & Operated
- Two Generations of Attorneys
- Serving RI, MA, CT & NH
- Free 15-Minute Discovery Call
- White-Glove Service
- Fair, Honest Pricing
You worked hard to build what you have, and the right planning helps you keep it safe from lawsuits, creditors, and other threats, for your family now and for generations to come. At Senerchia & Senerchia, P.C., our Cranston asset protection attorneys help Rhode Island families, professionals, and business owners put legal, proactive strategies in place before trouble ever arises. Asset protection works best when it’s done early, and it pairs naturally with your estate planning and business goals.
Who Needs Asset Protection Planning
Asset protection isn’t only for the wealthy. It matters for anyone with something to lose and exposure to risk.
- Physicians, dentists, and other high-liability professionals
- Small business owners and landlords with rental or investment property
- Families protecting a home and savings from future long-term care costs
- Parents who want to shield an inheritance for their children
Business Entities & Structuring
How you own and structure your business and property has a huge impact on your personal exposure. We use properly formed and maintained entities to separate personal and business risk.
- LLCs and corporations formed and maintained under Rhode Island law
- Holding-company and multi-entity structures for real estate and operating businesses
- Registration and good standing through the RI Secretary of State
Trusts for Asset Protection
Certain irrevocable trusts can protect assets from future creditors and long-term care costs. Note that a revocable living trust does not shield assets from creditors, a common misconception, so the right structure matters. See our wills & trusts page for how these tools fit together.
- Irrevocable asset protection trusts
- Medicaid asset protection trusts coordinated with our elder law practice and Rhode Island's five-year look-back
- Trusts to protect inheritances from a beneficiary's divorce or creditors
Planning Ahead: Timing Is Everything
The single most important rule in asset protection is that it must be done before a claim arises. Transfers made once you already face a lawsuit or care crisis can be undone as fraudulent. Planning early, while things are calm, is what makes protection durable and legitimate.
Reviews From Our Clients
Why Work With Senerchia & Senerchia
Senerchia & Senerchia, P.C. is a family-owned Rhode Island law firm, and we treat your family like our own. We live here and we are your neighbors, so we understand Rhode Island families, Rhode Island courts, and the local realities our clients face. We build protection that is legitimate, well-documented, and coordinated with your whole financial picture, never gimmicks.
- Our family protecting your family, a personal, caring approach, not a stuffy law office
- White-glove service and communication, including availability beyond regular business hours
- Thorough, meticulous documentation done right the first time
- Fair, honest, transparent pricing with no surprises
- We go the extra mile: you work directly with our attorneys, not a call center
Meet our attorneys or book a free 15-minute discovery call to see how we can help protect what matters most to you.
Our Family Protecting Your Family
Senerchia & Senerchia, P.C. is a family-owned Rhode Island law firm and title company, two generations of the Senerchia family practicing law and treating every client like one of our own. We’re not a stuffy, big-city firm. We live here. We’re your neighbors. And when you call, you speak directly with an attorney, not a call center.
It’s a simple idea: our family is here to protect yours, today and for generations to come. Book a free 15-minute discovery call or call 401-615-3880.
Areas We Serve: Cranston & Surrounding Rhode Island
Our office is located at 150 Burnside Street in Cranston, Rhode Island, with easy access off Interstate 95 and the Route 10 Connector. From Cranston we serve families and clients protecting their assets throughout the greater Providence area and roughly a 25-mile radius around our office, including
- Providence, Warwick, West Warwick, Johnston, and North Providence
- East Greenwich, Coventry, Scituate, Foster, and Smithfield
- Pawtucket, Central Falls, Lincoln, Cumberland, and Woonsocket
- East Providence, Barrington, Bristol, Warren, and North Kingstown
We also welcome clients from just over the Massachusetts line, including Attleboro, North Attleboro, Seekonk, Rehoboth, Swansea, Fall River, New Bedford, and Fairhaven. For clients who cannot travel to Cranston, we offer remote meetings by Zoom or Microsoft Teams. Ready to talk? Schedule a consultation or contact our office.
Frequently Asked Questions
What is asset protection planning?
It’s the proactive, legal structuring of how you own assets so they’re better shielded from future lawsuits, creditors, and other threats. Done correctly and in advance, it’s a legitimate part of responsible estate and financial planning.
Does a revocable living trust protect my assets from creditors?
No. Because you keep full control of a revocable trust, its assets remain reachable by creditors and count for Medicaid. Only certain irrevocable structures provide creditor protection. This is one of the most common and costly misunderstandings we correct.
Can an LLC protect my personal assets?
A properly formed and maintained LLC or corporation can separate business and rental liabilities from your personal assets. The protection depends on doing it right: proper formation through the RI Secretary of State, separate finances, and ongoing compliance.
Is asset protection legal, or is it hiding assets?
Legitimate asset protection is completely legal: it’s planning done openly and in advance. What’s illegal is fraudulently transferring assets after a claim arises to evade a known creditor. We only do the former, and we document everything properly.
When should I start asset protection planning?
As early as possible, ideally long before any lawsuit, claim, or care need is on the horizon. Transfers made under threat can be reversed as fraudulent conveyances, so proactive planning is essential.
Can asset protection help with nursing home costs?
Yes, through advance planning. Medicaid asset protection trusts can shield a home and savings, but Rhode Island’s five-year look-back means timing is critical. Our elder law team coordinates this planning.
How do I protect an inheritance for my children?
Leaving assets in a properly drafted trust, rather than outright, can protect a child’s inheritance from their future divorce, creditors, or poor decisions. We build this into our children’s legacy protection planning.
Do you serve business owners and landlords near Cranston?
Yes. We work with business owners, professionals, and property owners throughout Rhode Island and nearby Massachusetts. Book a consultation to review your exposure.
Rhode Island Resources & Related Pages
Our attorneys serve families and businesses throughout Rhode Island and nearby Massachusetts from our office in Cranston, with remote meetings available by Zoom or Microsoft Teams.
Official Rhode Island sources: RI Secretary of State: Business Services · Medicaid: Estate Recovery
Related pages on our site: Estate Planning · Business Law · Wills & Trusts · Elder Law
Rhode Island Asset Protection Attorneys
Safeguard What You’ve Built. Protect Your Assets and the People You Love.
You’ve worked hard to build a life for yourself and your family. But in today’s world, it only takes one unexpected event; a lawsuit, a medical crisis, a business dispute, or even a market downturn to put everything you have built at risk.
At Senerchia & Senerchia, we help you plan ahead so that the wealth you’ve earned stays protected, no matter what life throws your way.
Whether you’re a business owner, healthcare professional, real estate investor, or simply someone who wants to make sure your family’s future is secure, we’ll guide you through smart, compassionate asset protection planning tailored to your unique situation.
As a family owned law firm proudly serving Rhode Island, Massachusetts, Connecticut, and New Hampshire, we understand just how important it is to keep what you’ve worked for in the hands of those you love. Let’s create an asset protection plan that gives you real peace of mind today and for the years ahead.
Why Asset Protection Planning Matters
When you plan ahead, you protect more than just your assets you protect your peace of mind, your legacy, and the people who matter most. A strong asset protection plan ensures that everything you’ve worked so hard to build like your home, your savings, your business, your investments will remain available to support your family, and not tied up in court battles or lost to unforeseen claims.
With proper planning, you can prevent that stress and create a safety net that allows your loved ones to thrive even in challenging times. At Senerchia & Senerchia, we take the time to understand your values and priorities, so we can create a plan that’s not only legally sound but truly reflects your family’s needs and future dreams. Because when your assets are protected, your family is protected and that’s what matters most.