Isn’t asset protection only for the wealthy?
Absolutely not! It’s true that America’s wealthiest families were traditionally deep pocket defendants who were most concerned about shielding their wealth. The social elites of past eras sheltered their massive wealth with trusts, family corporations and other protective entities which privatized or lawsuit-proofed their properties; however, they seldom referred to their financial strategy as ‘asset protection’. But the super-rich are no longer the only lawsuit targets – Americans with any assets now need protection!
