This summer we’ve seen one major issue: people trying to start asset protection planning too late. To have an effective asset protection strategy, you have to start early. You should start before you have creditors or a potential lawsuit on your hands.
Colin Ley is an asset protection attorney and the creator of the PREP Trust® and Better LLC™. He is also the co-founder of LayRoots (along with with partner in life & business – Shreya Ley)
Being successful in America makes you a target for bogus lawsuits from shameless lawyers. We created an effective, asset protection solution, so you don’t have to worry anymore, happily knowing your family’s future is protected. Get started now by scheduling a free, 30-minute call at livemorecarefree.com.
Howdy folks, Colin and, Shreya Ley here of LayRoots, which is an amazing asset protection law firm. We took a little break.
We took a video break for the summer and we’re back. It’s the fall. Not much is going on in the world. Just kidding, but we got a new, we got a new chest freezer.
Yeah we did.
And you know, video room slash office.
We’re ready for the apocalypse, We acquired a quarter of a cow,
But let’s talk about asset protection Shreya.
And these last six,
I want to know how to protect that quarter of cow.
Ten weeks, we haven’t done a video and, some things never change Shreya.
Fundamental thing, because we’ve been talking to people all summer long, about protecting their assets, and, so many people,
They have, there’s a lot of uncertainty in the world, as I’m sure all of, you know, right. This whole year has been filled with mishaps,
And yeah, troubles. People are concerned. They’re concerned about their businesses, about their livelihoods, about things that they have built for themselves, their nest egg.
We talked to one person who,
Who said they always knew, it was a possibility that they could be sued. And you know, if you’re a business owner, the odds are more likely than not that you will be, doctors
And heard it from their friends.
Some areas of practice for doctors have like a 96% lawsuit rate.
But they still thought, you know, it’s not going to happen to me.
Kind of like,
They stuck their head in the sand a little bit.
Yeah, they did.
We all do that. It’s okay, I’m not judging them.
Once something’s happened, you know, you can’t, it’s like, the home insurance, you can’t buy the insurance after the house is on fire.
You gotta take action ahead of time. Well, when times are good. But I just want, I want people to take action. I want people to know that they have to do this, as early as possible. If you want an effective plan.
I think that is sound advice, Colin.
Well, thanks Shreya. There we go, got our first one under the belt.
For the fall.
If you have any questions about your asset protection plan, getting things set up so that you are protected from future potential lawsuits, please visit livemorecarefree.com. You can schedule a free 30 minute chat with her. No, not me,
livemorecarefree.com. Thanks for watching, enjoy the fall. See you,
See you next time.
Next time. Yeah, sure.