Cincinnati Investment Planning and Other Videos

What is asset protection?


certified financial planning

What is asset protection?

Question: What is asset protection?

Answer: Asset protection is a concept that the assets that you own or your family owns are going to be protected from the creditors of your estate as well as maybe the estate of your children and heirs. The whole purpose of trying to do asset protection planning is to try to ensure that in the event that there would be a lawsuit or judgment against you or your children that you are trying to protect those assets from those judgments.

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