Before You Have a Problem Dear Fellow American, Nobody expects to be robbed. And nobody expects to have his car stolen. Right after the damage has been done. By then, of course, it s too late.
Asset protection works the same way.
None of us want to think about dying or about the death of someone we love. And we certainly don t want to think about things like business failures, lawsuits, and taxes. But with just a little bit of foresight, and a little bit of planning, you can cut the risks of being involved in a large lawsuit by half or more. You can save your family tens of thousands of dollars, or more, on your estate taxes. And you can even cut your current tax bill by thousands of dollars a year.