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Podcast: Wealth Formula Podcast
Episode: 434: Another Perspective on Asset Protection
Description: This week's episode on Wealth Formula Podcast is a primer on asset protection. One of the things that I learned a few years back is that asset protection and estate planning are not one and the same. Asset protection is simply protection against creditors. An offshore trust in the Cook Islands, for example, is a rock solid way to protect your assets but it is not an estate planning vehicle. Since this week's podcast discusses asset protection, I want to just remind you of what you MUST know about estate planning. As of today, if you are single you can...