Learn what to watch out for and read reviews of asset protection products
Whether you are just starting out in your career, are close to retirement, or are somewhere in between asset protection is essential. For business professionals, it is so easy for everything to be taken away from you by a lawsuit. This is why asset protection is so important, without proper business structure, tax, and estate planning it is very hard to properly have your financial assets protected. We know there is a lot of noise in the industry and what a good asset protection product is and what it does, this is why we would like to review companies and products and that provide this service.
There are three pieces to any good asset protection product/service. The first is the need to protected your business assets and personal assets from lawsuits. This can be done in a variety of ways and is based on each individuals situation. A good product will not be a one size fits all, but will allow you to tailor the business structure and lawsuit protection to your needs. The second piece is proper tax planning, there is no need to pay more than your fair share in taxes and is part of the decisions in what lawsuit protection tools you utilize. The last piece is having the right estate plan setup for your needs. A good product/service will focus on all three of these tools and will tailor them to your specific needs.
One of the most important areas you need to be aware of are asset protection scams. There are legitimate companies that have decades of experience and excellent tools/products to help business professionals protect their assets. There are also companies and services that lack the experience and expertise needed to properly help people make the right decisions and setup their lawsuit protection, taxes, and estate planning with the right tools for their situation. The two most important things to look for here is #1 experience and #2 being able to tailor the recommends products to your needs.
I thoroughly enjoyed the presentation as it touched on many topics that I simply had never thought of. While it seems like your companies services are geared more toward those with business interests, the presentation gave me a lot to think about as well. I fully intend on taking advantage of the lectures information once I am ready to start my own business.
I worked hard for my money and learned how to protect all my hard work with some simple ideas and a lot of time. I am happy with knowing my assess are protected now.
I was inspired. It was rather enlightening and I wished I had heard about this years ago for its valuable information.
Doug, I can not begin to thank you and your entire firm for setting my Asset Protection Plans up when I was young in practice! I sensed the freedom to practice on MY own terms over 15 years ago! Now, as a management consultant, I can not believe anyone would practice without it, and strongly recommend your service to our clients, without hesitation.
This is some of the best and most useful information I have seen in many years. Definitely the best asset protection course ever.
Lodmell & Lodmell is based out of Phoenix, AZ and has been helping companies with asset protection for a long time.