Giving away your stuff to a trusted family member to thwart creditors is NOT an effective asset protection strategy.
A judge can undo the transfer and hand the asset over to your creditor.
In June, we saw this with the Tiger King, Joe Exotic.
A judge gave the Tiger King’s zoo over to his nemesis Carole Baskin.
The zoo had previously been transferred to Joe Exotic’s mother
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.
