Asset Protection for Business Owners and High-Income Earners

Full Name
Asset Protection for Business Owners and High-Income Earners: How to Protect What You Own from Lawsuits and Creditors

Asset Protection for Business Owners and High-Income Earners is a comprehensive book that contains all the simple steps you need to protect yourself. The book provides a number of worksheets to help you decide the best plan of action for your financial position and personal needs. You will learn how to reposition your assets into legal entities that you control, creating bullet-proof security. You will learn about irrevocable living trusts, creating and maintaining LLCs, equity-stripping techniques, privacy plans, durable power of attorney, bankruptcy legislation, and estate planning for high-income individuals, as well as living, testamentary, and pour-over wills. The trick is to own nothing directly but control everything legally.

  • This easy-to-read and comprehensive book will teach you the simple steps you need to take to protect yourself and your hard earned assets before there is a problem.

  • You will learn the ins and outs of protecting yourself and your family through legal methods, such as corporations, family limited partnerships and trusts, family saving trusts, offshore trusts corporations, and limited liability companies (LLCs).

Table of Contents


  • Chapter 1: So You Do Not Need Asset Protection?

  • Chapter 2: Plan Ahead

  • Chapter 3: No Escaping

  • Chapter 4: I Thought I Was Exempt?

  • Chapter 5: How Well Do You Know Your Business Partners?

  • Chapter 6: Surely Incorporation is for Big Companies?

  • Chapter 7: The Limited Liability Company

  • Chapter 8: The Accounts Receivable

  • Chapter 9: Domestic Trusts

  • Chapter 10: Foreign Trusts

  • Chapter 11: Your Personal Residence

  • Chapter 12: How Well Do You Know Your Spouse?

  • Chapter 13: Do Not Die Yet

  • Chapter 14: The Alter Ego (Piercing the Veil?

  • Chapter 15: Equity Stripping

  • Chapter 16: Insurance

  • Chapter 17: Business Insiders

  • Chapter 18: Combining Businesses to Build a Fortress

  • Chapter 19: Summary

Appendix A: Business Types Compared

Appendix B: State Specific Factors

Appendix C: Assets Checklist

Appendix D: Glossary