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 help you better safeguard your wealth.
In the latest installment of Path to Abundant Living, Matt and Scott explore some foundational asset protection strategies that you may want to consider.
Matt and Scott are routinely having these conversations with their clients to put them on their own path to abundant living, while also building a proverbial wall around their wealth. So sit back, relax, and enjoy another thought-provoking conversation!
0:07 - Introduction and overview on topic of the day
1:47 - What is asset protection and who needs it?
4:15 - People don't often have adequate asset protection plans in place
5:42 - How someone should start this process of getting an asset protection plan in place
6:50 - What should your asset protection plan entail and address?
9:00 - Next-level asset protection strategies to consider
11:10 - Utilize the right team for your asset protection plan!
12:57 - The mistakes Matt and Scott often see on asset protection plans
16:26 - How to get in touch with Matt and Scott to discuss asset protection for yourself