asset protection: introducing asset protection

Asset protection refers to the process of protecting your wealth from the claims of creditors and litigants. While at first glance, this sort of defensive posturing can seem unethical or immoral, in fact, asset protection is commonly practiced by most businesses and individuals. When an individual buys car or homeowners insurance, that's a form of asset protection. When a business incorporates or buys general liability insurance, that's also a form of asset protection. Most people, I will guess, think these techniques are ethical and moral. And so are many other, less well-known techniques.

Unfortunately, too few business owners and managers and too few individuals understand how asset protection works. Accordingly, this web site tries to provide a bit of the general information on the subject of asset protection. Hopefully with this information, people can begin their research into the asset protection process and even take concrete steps toward setting up their own appropriate level of asset protection.

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