Why, Why, Why?
May 19th, 2008
Why did we start The Safe Asset Plan (TSAP to us insiders), you ask? Aren’t we busy enough? Well, lots of reasons, actually. And, yes, we are busy. Really busy. But we saw a need and decided we’d try to fill it. Stay with me here, but you’ve been asking. And, frankly, as we’ve reviewed the hundreds of high net worth cases that have come across our desks we’ve taken note of the fact that not only do these families need good estate planning but they also need asset protection.
Now, I’m not just saying that. There are estimated to be 41,000 lawsuits filed every day in this country. That’s about 15,000,000 per year. A lot by any measure. That means that every one of our clients is possibly exposed. We’ve had several instances of families being brought to us where it was already too late. One, who’d been in an unfortunate car accident was sued and basically lost everything. Nothing we could do. Except not let this happen to others.
Yes, we’re capitalists and seizing what we think is a great opportunity for you and for us. But we’re also conscientious about the risks the families we’re working with face. Honestly, we can’t just shrug and say it’s someone else’s problem. This is both opportunity and responsibility.
Entry Filed under: Asset Protection, Estate Planning
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
Trackback this post | Subscribe to the comments via RSS Feed