Are you someone who has made a considerable amount of fortune in recent times?
Or are you a person who is self employed or in a white collar profession?
Are you in the medical profession?
Does your job require you to deal with people everyday?
Do you own rental income properties and earn income from them?
Or are you the owner or boss of a company?
If you happen to fall under any of the above mentioned categories, you need to consider planning for asset protection right away.
If you are not sure what asset protection is, asset protection is a type of advanced financial planning technique that helps protect your assets from any type of legal liabilities now and in the future.
Contrary to popular beliefs, asset protection does not mean hiding assets, and is not a trick to evade authority. Asset protection also does not involve deceptive agreements or fraudulent transfers. It is simply smart and safe financial planning. It uses the cunning of business and tools of financial planning to safe guard your assets from being extracted by outsiders who do not have any right to or claim on your hard earned money.
In a nutshell,...