Product Description: Strategies that are effective and legal for putting one’s assets safely out of reach
In today’s increasingly litigious world, the shielding of assets has become a prominent issue for financial planners, business owners, and high-net-worth individuals. Asset Protection details methods that are both legally and morally legitimate for protecting one’s assets from creditors, lawsuits, and scams.
Bringing economic common sense and legitimacy to an area that is drowning in gimmickry, two of today’s top lawyers examine the fundamental issues in this growing area, avoiding dense legalese to make the book accessible to anyone. Asset Protection covers everything readers want to know about:
Establishing an effective asset protection program
Today’s most popular, established strategies
Newer strategies that are still being resolved by the courts
Learning how to protect assets This book does an excellent job of introducing the concept of asset protection and includes strategies to protect assets. A number of protection strategies are analyzed to show the pros and cons of each strategy. Examples and diagrams are shown to help communicate protection concepts. Past court cases for some of the protection asset strategies are discussed to show the pros and cons of the particular strategy. I would highly recommend this book to learn about how trusts, corporate entities, and other strategies can work to help the reader make a decision to protect their assets.
It was OK... Being in the financial services I am always looking for new and exciting books in my field...sadly, this is not one of them. The book was dry and made for a long read.
The upside is that the authors seem to know what they are talking about and are able to explain the ideas behind a variety of different asset protection strategies.
The authors also explain the benefits and drawbacks of each asset protection strategy, though they do not go into very much detail on some of their ideas.
One of the reasons is probably because at the end of the book, they provide their website as a reference. I don't have a problem with that, but it would have been nice if they had been able to make the information more interesting so that you didn't feel like you had to go to their website to "get the good stuff".
repetitive at times but overall quite informative covers quite a bit of ground. some of it over and over again.
but it is a good starting point for almost all possibilities, good and bad for those looking for money management.
Best Book on the Subject I've read several books on this subject and this one was by far the best. Many of the other books in the field have some rather dubious tactics listed, but this book focuses on reasonable steps people can take to protect their asstes that are legal and likely to stand up in court. I found this book to be a well organized, well written professional text in a field filled with a lot of books hawking expensive and legally questionable scams and schemes.
OUTSTANDING TREATISE!!!! BUY IT. READ IT. THEN READ IT AGAIN. AND AGAIN. EACH TIME YOU READ IT YOU WILL PICK UP YET ANOTHER USEFUL NUGGET OF INFORMATION. THE UNIQUE THING ABOUT THIS 'BIBLE' IS THAT IT IS USEFUL FOR THOSE WISHING TO PROTECT ASSETS FROM FUTURE CREDITORS, AND JUST AS USEFUL FOR THOSE ON THE OTHER SIDE OF THE FENCE, TRYING TO SEIZE ASSETS AS WELL. A VERY POWERFUL, DETAILED AND GENEROUS BOOK. NOT YOUR TYPICAL A/P BOOK. THE 'RIGHT' WAY TO SAFELY PROTECT YOUR ASSETS.
Anything Goes Trivia
Megaton Man
Trevor
