PSA: the BEST time to do asset protection planning is before you NEED asset protection planning. As in, don’t wait until after you are threatened with a lawsuit to look into planning.
I saw someone in this arena estimate that 85% of the people looking to set up an asset protection plan already have an existing legal threat.
Here’s our friendly reminder to not wait using our favorite storm metaphor.
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.
Transcript:
Hi friends, this is Shreya Ley with LayRoots and we are an awesome asset protection planning law firm.
We are going to talk to you today about when is the right time to do asset protection planning and variations of that question.
When we talk to people about asset protection planning, we like to talk to them about planning before something goes wrong, so that is before the storm hits, before you see those storms clouds on the horizon, ah, and we are here braving the winds in Colorado, these horrible gusts with tumbleweeds blowing about, pine cones being thrown from the trees, to tell you about when not to do your asset protection planning which is after the storm has already hit.
The best time to do asset protection planning is when the skies are clear, when you’ve got those blue, sunny skies, not a cloud in sight, and you’re just roasting by the pool or lake, and I think I’ve taken this metaphor to its conclusion.
So, the best time for you to do asset protection planning is before there are legal problems. Once there are legal problems in your life, all of your asset protection planning options, as the further along you go in that process, they get fewer and fewer, and become just less protective for you.
And so, if you are ready to talk about your asset protection plan, because you want to get this taken care of before there are any legal problems on your horizon, then go to livemorecarefree.com and book some time with me.
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Thanks, and I’ll talk to you soon.