Let me make an analogy between your wallet and asset protection. If you have all of your money in your wallet, and it is pickpocketed, you have just lost everything.

Maybe it’s a better idea to put some of your money in a money belt and only keep some of the money in your wallet or purse. This is basically, the old “don’t keep all your eggs in one basket” concept.

Lawyers create legal pockets, such as corporations, LLCs, limited partnerships, or other legal entities that can hold assets. All too often, lawyers lead their victims (you) down the path to destruction. They do this in two main ways. Check out my YouTube video on Legal Pockets, and I will explain. You can also learn more about legal pockets in my article at http://www.legalees.com/protecting-assets-legal-pockets/. 

US Supreme Court Counselor

P.S. Learn about all the fundamentals of smart business formation and asset protection at our Boot Camp on June 25-26, 2018. It is the best place to ask questions and have them answered and clarified. The entire two days are interactive in the small group setting, plus there is a lot of one on one time with our lawyers and tax experts. You'll see your business and personal life from a new perspective. June is already half full. The remaining spots will disappear fast, so register now!