Are you concerned about preserving your assets from any lawsuits or other claims that could drain your estate?
The justice system in the U.S. is very unpredictable and you do not have to be at fault to be sued. Anyone can sue anyone at any time. The key is to protect yourself, your family and your assets.
Life happens. Divorces, suits for negligence and intentional bad actions can result in you or another loved one being sued.
The first line of defense is to have the proper kind and amount of insurance. This includes life, auto, homeowners and perhaps an umbrella policy. It can also include irrevocable trusts, Q-Tip trusts, specific types of asset titling and a homestead.
Unfortunately, most people are unaware of the various options and strategies available to protect their assets. They presume that asset protection is “only for the rich.” Virtually everyone can benefit from implementing one or more of the techniques available.
If you are interested in learning more, click here.