I really enjoy this video. It’s from the author of “Rich Dad, Poor Dad”. It’s a wonderful book which describes some personal finance secrets for earning and keeping your assets. In this particular video, Robert Kiyosaki describes some of his asset protection techniques to deter lawsuits. He has made MILLIONS of dollars and, if we believe him, is a common target for lawsuits.
While not entirely relevant to our asset protection theme, he also goes over the current state of the legal system. I find it pretty interesting. He says it has nothing to do with fairness, but whether you can afford to defend and represent yourself. This is why it’s important to get good advice. Having good intentions isn’t enough to protect yourself. Anyway, listen to the video for more good advice.