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A trust is what i need for asset protection – Prefer to have been told that trusts can provide all the asset protection necessary. Well, they are wrong. trusts are primarily estate planning tools. Perform not provide asset protection in instances. There tend to be too many cases where trusts were busted by lawsuits and assets were lost. So they are unreliable as asset protection tools.
But how’s it going going for this purpose? Well, there are many wealth tips and financial planning strategies inside of my book, “Sack Your Financial Planner” – see my website.