In this article, Rick shares some interesting thoughts about both Asset Protection & your money scripts …
Asset protection is about protecting what you own against someone else taking it. The most common ways to lose assets are divorce, bankruptcy, and judgments filed against property as the result of a lawsuit.
Putting your assets beyond reach of a judgment resulting from a frivolous lawsuit is the heart of a good asset protection strategy. It includes owning your assets in trusts, LLCs, or corporations that are located in multiple jurisdictions.
Yet when I suggest asset protection strategies to clients, they often respond with ambivalence or reluctance. I’ve begun to realize these reactions may be tied to money scripts.
read the complete article here: Rick Kahler: Money Scripts and Asset Protection Strategies | Financial Awakenings.