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Asset Protection : Concepts and Strategies for Protecting Your Wealth,   ISBN:9780071432160

     
  Asset Protection : Concepts and Strategies for Protecting Your Wealth

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Binding: Hardcover
Release Date: June 2004
Edition: 1
List Price: $55.00

Average Customer Rating:
Score = 4.5 Score = 4.5 Score = 4.5 Score = 4.5 Score = 4.5

ISBN-13: 9780071432160
ISBN-10: 0071432167
Author: Jay Adkisson, Chris Riser
Publisher: McGraw-Hill
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Summaries and Customer Reviews are supplied by Amazon.com

Summary:

Strategies that are effective and legal for putting one’s assets safely out of reach

In today’s increasingly litigious world, the shielding of assets has become a prominent issue for financial planners, business owners, and high-net-worth individuals. Asset Protection details methods that are both legally and morally legitimate for protecting one’s assets from creditors, lawsuits, and scams.

Bringing economic common sense and legitimacy to an area that is drowning in gimmickry, two of today’s top lawyers examine the fundamental issues in this growing area, avoiding dense legalese to make the book accessible to anyone. Asset Protection covers everything readers want to know about:

  • Establishing an effective asset protection program
  • Today’s most popular, established strategies
  • Newer strategies that are still being resolved by the courts

Customer Reviews:

Average Customer Rating: Score = 4.5 Score = 4.5 Score = 4.5 Score = 4.5 Score = 4.5

A Realistic Assessment
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5

I found this book to be very information, detailed, yet easy to read. I enjoyed the authors balanced perspective and their efforts to debunk the common single silver bullet solutions. I have read the other few books on this topic that are newer, but in retrospect I should have started with this one. Before you invest in any type of offshore or other dubious schemes I suggest you read this book.

Finally, a book that goes deeper on Asset Protection
Customer Rating:  Score = 4 Score = 4 Score = 4 Score = 4 Score = 4

The book is well written. I'm not an attorney but still found it easy to read. I realize now there is no silver bullet of Asset Protection. I strongly recommend for anyone trying to secure their business and personal assets.

Excellent source
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5

Very useful, very informative. Highly recommended not only for the "ultra wealthy", but also for any businessperson with significant personal guarantees.

realistic
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5

I found this book well written. The approximate first half educates the reader about the many pitfalls of asset protection, and the second half shows a variety of options to be used in an overall strategy of asset protection. It clearly educates the reader about the fact that there is no silver bullet, and that carefull planning "might" provide protection. It would also be a great primer in evaluating any professional one might retain.

Learning how to protect assets
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5

This book does an excellent job of introducing the concept of asset protection and includes strategies to protect assets. A number of protection strategies are analyzed to show the pros and cons of each strategy. Examples and diagrams are shown to help communicate protection concepts. Past court cases for some of the protection asset strategies are discussed to show the pros and cons of the particular strategy. I would highly recommend this book to learn about how trusts, corporate entities, and other strategies can work to help the reader make a decision to protect their assets.

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