Protecting yourself against the unexpected is a vital element in financial planning. This means having adequate protection against all forms of financial exigencies that can erode — if not completely eliminate your wealth.
We wrote this book because there is a need for more legal and financial professionals to advise their clients on the many ways they may go about protecting their wealth in these financially perilous times.
As an asset protection advisor, I Rob Lambert encourage you the watch the video Below.
The mention of wealth protection can take on many dimensions. It certainly includes economic hazards — such as market downturns, inflation or confiscatory taxes. And those are serious concerns. Fortunately, most financial advisors focus on these concerns and prepare their clients for these possibilities quite competently.
We discuss these same concerns within this book — but our writing has a somewhat different focus. We address the more commonly overlooked planning issues – strategies one can take, indeed, must take — to protect their wealth against such predatory threats as lawsuits, creditors, tax claims, bankruptcy and the many other life challenges for which so few of us are well-prepared.
Our objective in writing this book is to present asset protection strategies at a level that would be comprehensible, useful and hopefully even interesting to the professional and their clients. The term professional in this context does not mean attorneys exclusively, though attorneys who are unfamiliar with asset protection practices will certainly find much information here that can increase their knowledge of the subject.
Financial planners, accountants and insurance professionals also have clients who can benefit from their advisors bringing to the planning process an appreciation and understanding of the need for asset protection — as well as solutions. This book will certainly help the non-attorney professional work more collaboratively with asset protection attorneys in creating comprehensive, integrated plans appropriate for their clients needs.
More than a professional treatise, this book is written at a sufficiently basic level to be helpful to the client — the layman who has little or no familiarity with asset protection. It will help those:
These pages explain the same proven, practical strategies that anyone can use to protect their wealth. These are the same tactics and tools that we, as asset protection specialists, have used to successfully shield the wealth of thousands of individuals, families and companies nationwide.
Nevertheless, this book is not intended to promote ‘do-it-yourself ’ planning. Asset protection is a highly complex legal specialty and every plan must be customized to the needs of the client after considering a broad range of issues. Many strategies in this book may not be suitable in a particular set of circumstances and may carry unfavorable tax, estate planning or other legal or financial consequences.
Therefore, the reader is advised to take no action without consulting a qualified asset protection advisor. Moreover, laws change and vary between states, and any statement made in this book can only be taken as a general proposition and subject to exceptions. Accordingly, the authors and publisher disclaim any liability for any action taken or not taken in reliance on the information in this book. We do hope the reader will find this to be a valuable reference and armchair advisor on how to protect the wealth they have worked so hard to build!