Most people that call our office are interested in asset protection. They are worried. Stressed. Waiting for the day that they will be sued and have their assets taken away from them.
One day though we received a call from a man demanding to know why he needed asset protection. It threw me off a bit. Kind of like if you called a car dealer and asking why you needed a car. It just wasn’t the normal line of questioning. Most people know they want a car before they call.
Who needs asset protection?
People who are at higher risk of being sued need asset protection. People who are building investments and a nest egg. Asset protection lowers the chances of being sued and also reduces potential losses if you are sued. Doctors, dentists, CPAs, attorneys and financial advisors are examples of people who are in high liability professions. Small business owners are at higher risk of litigation. Statistics show more than half of all business owners will face a lawsuit at some point. Real estate investors also have an increased odds of being dragged into court. Personal injury, whether real or imagined, on a rental property can lead to terrible court battles.
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.