In Part 2, we discussed insurance protections for you. Now we will explore some less common methods for asset protection.
Articles Posted in Asset Protection
Asset Protection (Part 2)
In Part 1, we started discussing automobile insurance to protect your assets from an accident vehicles. Now we will flip the coin and explore how higher limits on your automobile policy also provides better protection for you and your passengers.
Asset Protection (Part 1)
People try not to think about the risks and dangers in life, and their risk of losing their assets. There are many things that can happen that would put your assets at risk, many of which can be caused by others through no fault of your own.
Power of Attorney / Certificate of Trust
After you establish an estate plan, you will likely have two documents that others may need to rely on. The first is the Power of Attorney and the second is a Certificate of Trust. Both of these documents need to be relied upon by others.