Not exact matches
But if the main
reason you're investing in gold is for
protection of your financial
assets during an economic downturn or «Black Swan» type event, it hardly makes sense to place your trust in the banking system.
I've seen quite a few mentions
of self - published authors working under the
protection of an LLC for the very
reasons you mention — legal
protection for personal
assets.
However, in the world
of wealth building and
asset protection, these little combinations
of numbers get a lot
of attention for good
reason.
Thus, it is highly advisable to at least balance your unprotected stock trading account and CDs with a mix
of qualified retirement accounts (although we don't often endorse these accounts for other
reasons) AND cash value life insurance as a preferred
asset protection vehicle due to its flexibility and death benefit.
· Regulation is often preferred to economic incentives for two
reasons: 1) industry prefers to protect plants that are already built, and 2) some environmental groups oppose taxes because they make the cost
of environmental
protection transparent, ie the very factor which others argue is a positive
asset is seen by some as being negative.
Regardless
of the
reason,
asset protection strategies offer a way to legally protect or shield
assets from misuse, mistreatment, or loss.
I understand the simplicity
of acquiring properties personally but I have specific
reasons for using the LLC that have nothing to do with
asset protection.
I read Jay Adkisson's book on
Asset Protection that other folks were touting as the bible on the subject & I've got to say it is a better perspective than anything else I've read.One thing he harps on in his book is if a person uses a professional that puts out marketing materials stressing the use of the strategy for asset protection then it may get drug up by the litigator in effort to try & invalidate the instrument so that's another super exotic reason I'd be a little leery to have Tim Berry's firm tagged on my option docs.Regardless I'm convinced paying his consulting fee will be money well spent.Hopefully BP will help me gather a slightly better understanding so I ask more prudent questions when I do pony up for some hour (s) of his time.Th
Asset Protection that other folks were touting as the bible on the subject & I've got to say it is a better perspective than anything else I've read.One thing he harps on in his book is if a person uses a professional that puts out marketing materials stressing the use of the strategy for asset protection then it may get drug up by the litigator in effort to try & invalidate the instrument so that's another super exotic reason I'd be a little leery to have Tim Berry's firm tagged on my option docs.Regardless I'm convinced paying his consulting fee will be money well spent.Hopefully BP will help me gather a slightly better understanding so I ask more prudent questions when I do pony up for some hour (s) of his ti
Protection that other folks were touting as the bible on the subject & I've got to say it is a better perspective than anything else I've read.One thing he harps on in his book is if a person uses a professional that puts out marketing materials stressing the use
of the strategy for
asset protection then it may get drug up by the litigator in effort to try & invalidate the instrument so that's another super exotic reason I'd be a little leery to have Tim Berry's firm tagged on my option docs.Regardless I'm convinced paying his consulting fee will be money well spent.Hopefully BP will help me gather a slightly better understanding so I ask more prudent questions when I do pony up for some hour (s) of his time.Th
asset protection then it may get drug up by the litigator in effort to try & invalidate the instrument so that's another super exotic reason I'd be a little leery to have Tim Berry's firm tagged on my option docs.Regardless I'm convinced paying his consulting fee will be money well spent.Hopefully BP will help me gather a slightly better understanding so I ask more prudent questions when I do pony up for some hour (s) of his ti
protection then it may get drug up by the litigator in effort to try & invalidate the instrument so that's another super exotic
reason I'd be a little leery to have Tim Berry's firm tagged on my option docs.Regardless I'm convinced paying his consulting fee will be money well spent.Hopefully BP will help me gather a slightly better understanding so I ask more prudent questions when I do pony up for some hour (s)
of his time.Thanks!