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Is asset protection only for the wealthy?

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certified financial planning

Is asset protection only for the wealthy?

Question: Is asset protection only for the wealthy?

Answer: Asset protection typically is only for the wealthy because they are trying to protect their assets. However, you may not have assets but your parents or someone that may be leaving property in their estate to you may create the need for you to do some type of asset protection. If you have a situation pending that may create a liability against you and your estate.


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