Everyone has to protect their assets. The problem is that most of us don’t think about it very much until it’s too late.
We live in an incredibly litigious society. Who knows when you might get into a fender bender or one of your kids does and the next thing you know you’re getting sued. The time to plan for situations like this is now…not after the fact. Fraudulent transfers after an accident are pretty obvious to lawyers.
Think of asset protection as attorney repellant. You spray it on as thick as you can so those blood suckers don’t get you. Remember, I’m a doctor so I have a natural aversion to attorneys. That is, except for attorneys on my side.
Garret Sutton is one of the guys on my side. He also happens to be Robert Kiyosaki’s asset attorney. Although this topic may not sound SEXY…you’re going to want to listen to this week’s interview with him on Wealth Formula Podcast. There are simple, inexpensive ways to protect yourself and you can even use Kiyosaki’s guy to get it done for you!
Enjoy the show,