What Is Asset Protection? Do I Need It?
When you hear “asset protection planning,” you may think of people like Jeff Bezos or Warren Buffett. Many believe that only wealthy families and people in high-risk professions need asset protection planning. In reality, everyone is at risk of being sued. A car accident, foreclosure, medical crisis, or business failure could result in a judgment, endangering your finances. Some view the idea of asset protection planning skeptically. In reality, the U.S. justice system is an …
