Tips to help make sure your assets are protected
Question: I worry about somebody suing me and getting all that I have worked for over my lifetime. Are there trusts or other vehicles available to protect my assets in case I am sued?
Answer: Yes. And there is also a long line of very distressed individuals who thought they were signing up for an “asset protection trust” and got little more than an asset reduction swindle.
I’m not saying there aren’t legal, moral and ethical strategies available to those trying to protect themselves from the loss of their assets due to lawsuit or other legal proceeding. There are.