You have worked your whole life to build your wealth and you should be able to have the peace of mind knowing that your wealth will be available to you and your family to enjoy. Many business owners, doctors, dentists, attorneys, etc. are prone to being sued because of the nature of their business. Threats of being sued as well as the danger of losing your hard-earned assets are a real possibility that no one wants to face.
Through the proper use of irrevocable trusts or the proper set up of business entities, your assets could be protected from these outside threats. Some states have enacted trust and business laws that can potentially protect your assets.
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