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The more you have, the more you have to lose. Sometimes it happens, and sometimes it doesn’t.
Take precautions and do the steps necessary in order to keep and protect what you have safe from unscrupulous or frivolous outsiders, as well as self serving insiders.

Legal Entities

I take a LOT of classes, read a lot of books (audio books are fantastic and I sometimes pop them into my car while driving long distances), and learn as much as I can as well as I can in our quest to become financially free as risk free as possible.  Legal entities are a must.  You might never be a victim of a lawsuit or an IRS audit, but if you ever are, you will be glad you set up your business/investment ...

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