Episode 7 : Asset Protection – Better than Tax Savings?
Medical professionals hate paying taxes. We all do, but medical professionals hate paying it with a passion.
So, if there is a chance that tax savings can be made, they all jump at the chance.
But what many do not realise is that asset protection is way more important than tax savings.
Let me put it this way what will cause you more pain? Paying $15,000 extra tax or losing your house?
This podcast explains asset protection and how you can use it.
Here’s why you should listen:
- Why asset protection more important than tax savings. We all love tax savings but maybe our focus should be somewhere else
- What is asset protection? Understand this and you begin to see paying taxes in a different light.
- What are the 5 compartments that make up asset protection? What has the Titanic got to do with asset protection?
- Some practical examples of where asset protection can save you a lot of pain and hurt.