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Optimizing Your Financial World - Episode 14 (A Wall Around Your Wealth: The Importance of Asset Protection)
Episode 1414th June 2022 • Optimizing Your Financial World • Mark Wade
00:00:00 00:17:46

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Being wealthy and successful is great in many ways, but it can put a target on your back for frivolous lawsuits. Asset protection planning can be a great tool to help safeguard your wealth overall.

On the latest installment of Optimizing Your Financial World, we're taking a deep dive into various asset protection strategies to help you build a wall around your wealth.

Mark will describe specific solutions that his team has been implementing with their clients and why they can be so beneficial in the first place.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:30 - What is asset protection and who needs it?

3:11 - It's all about sending the message that a lawsuit is going to fail in the first place

4:00 - Most successful people recognize the need, but aren't doing enough

5:38 - Where to begin with asset protection planning

7:05 - What a good asset protection entails

8:26 - Next-level asset protection strategies available

10:44 - Working with the right expertise on this topic is paramount

12:40 - The mistakes people should be on the lookout for in asset protection plans

15:35 - How to get in touch with Mark's team

16:15 - Closing remarks

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