Who Should Have an Asset Protection Plan?

Almost anyone would be well-served by having an asset protection plan. Anyone can take a left turn and hit an investment  banker who is 51 and making a million dollars a year and suddenly have a judgement against them that can’t be covered. So everybody should consider it. Most typically those who we do see covered are those in high liability professions. One example would be the medical profession, particularly for those physicians or other medical practitioners in states that don’t have liability protections for that type of profession.

© 2014 Parsonage Vandenack Williams LLC

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