Someone Is Listening
By Rob Lambert - 
Email Editor
Date : Aug 24, 2006
It seems that my recent newsletter about Bill Reed and The Asset Protection Group has stirred up the pot a bit. I think someone in power is listening. I will have a full report this next week.
Now onto planning for the inevitable:
Late last week I got a call from a young client in his thirties. He had just implemented an Asset Protection Plan to protect his modest savings and some stock he owns in a start-up he is involved in. He and his bride of three years were also hoping to start a family in the near future and wanted to make sure that the kids-to-be were protected.
Well, this wasn't the normal happy or business-like call from my client. He was out of breath and in the emergency room of his hospital. His wife had just passed out over breakfast. She had a brain aneurism. A week later, this beautiful and apparently healthy young woman is still in a chemically induced coma. The doctors don't really know if she will recover or not.
This is a terrible thing. The reason I write about this is that terrible things do happen. You should plan so if terrible things ever happen to you or your family, you can minimize the damage. There are lots of things you can do to help your family survive through a similar tragedy.
Take a step back and survey your situation. This shouldn't take long. Then get a piece of paper, and make a list of the key things anybody who steps into your shoes in the event of an unexpected tragedy should know. Then, pass this list onto your spouse or whoever will step-up to straighten out your affairs if you die or are incapacitated.
All good estate planners can help with this. It isn't hard. What's hard is if you do have a tragedy and haven't taken the steps to lighten the blow to your family.
Enough of this awful topic.
Have a healthy and protected week.
Rob Lambert
RELATED ARTICLES:
ABOUT THIS EDITOR:
Rob Lambert, Founder and former law professor is considered to be foremost expert on tax compliant asset protection structures. A contributing editor to Lexus Nexus debtor creditors series of law books Rob's passion is implement client wealth plans that stand the test of time and hold up under duress.
08 AUGUST
Learn more about protecting your assets with these articles:
EDUCATION PRODUCTS
Asset Protecion Products
If you are looking for the most important concepts in Asset Protection, this is where to start! If you need to talk intelligently about protecting your net worth or you are a professional this book is for you!
Asset Protecion Courses
Know what your Advisor knows. Buy our downloadable Asset Protection Planner Course. Protect yourself like the pros!.
Asset Protection in a Nutshell
Clear, concise and straight forward, this e-Book will help you make sound decisions with your business and personal assets..
Protecting Assets - 10 Session Seminar
This downloadable e-seminar will give you straight forward asset protection advice you can implement now! One of the best seminar courses available!
Advanced Estate Planning
The key to a solid Asset Protection Plan is the Estate Plan. This downloadable e-module will help you sort through the many tax mitigation and estate planning strategies helping you make sure your wishes are carried out. Learn succession planning the right way and protect your wealth for generations to come!
