Asset Protection or Judgment Proof?
AP is statutory legal defenses such as INC/LLC/Asset Protection Trusts to block opponents. This plays well for legal fees to protect your equities. Judgment Proof is when you have freedom from legal worries. This is because your assets are in private trusts loaded with debt. If a plaintiff attorney can even find your beneficial interests they discover little to zero equity.
Always keep a little muggers money or insurance to throw the dog a bone. But keep your big stuff hidden and debt heavy. Remember, this is America. You are to blame for other people’s failings in life. You worked hard for your financial success…now keep it out of sight and avoid the legal spider’s web.