Asset protection is a hot topic these days, nearly
a fad. Which means that you need to be extremely
careful -- the waters are full of sharks. There are
things that you can do to protect yourself, but you
don't necessarily need a shark with "attorney at law"
after his name to charge you from $10,000 to $75,000 to
do it. But if your assets are large enough, that price
might be cheap.
Seminars on asset protection are being held across
the country, usually to try to sell the wealthy on the
need for immediate (and expensive) protection. Many of
the techniques are valid -- many are not -- and they
can work just as effectively for the non-millionaire
with assets to protect.
