Thousands of business owners get taken advantage of each year with high priced asset protection plans that don’t come close to providing the protection they were promised.
I want to be completely independent when I say that Long Term Care Insurance is something everyone over 50 needs to carefully consider.
This is a special type of trust that can give significant asset protection in any type of lawsuit and is one of the best ways to protect your personal residence in a State where the Homestead Exception is so low it’s essentially useless.
This is a common question we get from many of our clients on a regular basis, and it’s an important one. If you have ever been through a ‘sales tax audit’ you know that state agencies can be much worse than an IRS audit.