5 Ways to Protect Your Assets (Lesson 1): The Four Threats to Wealth

Darol October 1, 2024

Course Description: Protect Your Nest Egg in Five Days

Overview:
Planning for retirement is more than just saving money – it’s about making sure your wealth lasts. In this comprehensive 5-day course, you will learn practical, actionable strategies to safeguard your assets, reduce risks, and ensure financial security for your golden years. Whether you're already retired or approaching retirement, this course will give you the confidence and knowledge to protect what you've worked so hard to build.

What You Will Learn:

Day 1: The Four Threats to Wealth
Identify the most significant risks to your nest egg, including health care costs, taxes, market volatility, and lawsuits. Learn why it’s crucial to plan for these threats now.
Day 2: Building a Bulletproof Health Care Plan
Explore strategies for managing health care costs in retirement, including Medicare, long-term care insurance, and Medicaid planning. Learn how to protect your savings from unexpected medical expenses.
Day 3: Smart Tax Strategies for Retirees
Learn how to minimize taxes in retirement through tax-efficient investment strategies, Roth conversions, and estate planning. Understand how to keep more of your hard-earned money.
Day 4: Shielding Your Wealth from Market Volatility
Discover how to build a resilient investment portfolio that can weather market ups and downs. Learn about diversification, risk tolerance, and how to balance growth and safety in your financial plan.
Day 5: Asset Protection: Legal Tools You Need
Understand the importance of legal strategies like trusts, LLCs, and insurance to safeguard your assets from creditors, lawsuits, and other legal risks. Explore the tools that can give you peace of mind.

Course Features:

Expert Guidance: Led by a seasoned attorney with 30 years of experience in estate and wealth protection.
Actionable Tips: Practical advice you can start using right away to protect your wealth.
Interactive Learning: Quizzes, worksheets, and case studies to reinforce your knowledge.
Flexible Format: Complete the course at your own pace with easy-to-follow video lessons and downloadable resources.

Who Should Take This Course?

Individuals nearing or in retirement who want to secure their financial future.
Those looking to protect their assets from unforeseen risks.
Anyone interested in estate planning, wealth protection, and smart retirement strategies.

Outcome:
By the end of this 5-day course, you will have a customized plan to protect your nest egg, ensuring financial security and peace of mind for you and your family.

Enroll Now and take the first step towards safeguarding your retirement!

Categories: BoomX Academy, Course

Tags: Asset Protection, MAPT, SPT

Darol

Attorney. Podcster.

How to Create a Bullet-Proof Family Bank and Why

In this episode, we will be talking about ways to create the family bank, why it’s important, the benefits and the job descriptions attached to the family bank, which is an irrevocable non-grantor trust, which will protect your assets.

Ria October 19, 2021

How to Protect Your Wealth in a Time of Crisis

This episode marks the first of 30 daily episodes to help listeners build a true asset protection system. Published on the same date the host’s home state issued a quarantine, stay at home order, the episode describes the emphasis on publication of reliable information rather than perfectly produced podcast episodes.

Learn how medieval lawyers devised the first asset protection trust to save the estates of England during the bubonic plague and how this legal construct still exists today.

Ria March 25, 2020

Why Money Is Not Important But Family Wealth is Everything

Law and money share a common characteristic. Neither can be found in the material world. A dollar bill can be touched. However, a one dollar is exactly the same as a one hundred dollar bill except for the number 1 and a picture of Washington as compared to the number 100 and a picture of Franklin on it. The hundred dollar bill represents a much higher degree of some unspoken value but is physically the same as the item that represents far less. What exactly is money? Listen to the answer to this question as posed to an elite wealth attorney, as interviewed by BoomX Show host, Darol Tuttle. The conversation between the two reveals legal secrets that will give you a bigger picture of your wealth.

Ria January 15, 2020

What A Rooster, A Beach And Earthquakes Taught Me About Resilience, What Is Important And Investing

What would you do if, suddenly, you could not buy food. And you were afraid to sleep inside your home. Your neighbors decided to leave. A man who lived a block away committed suicide? How would you plan for the future if you just lost your job?

A swarm is what geologists call the grouping of earthquakes that have hit Guanica, Puerto Rico. Swarm is as good a name as any to describe over a thousand earthquakes in such a small area, many above 5.0 and at least two above 6.0. While there has not been a “big one”, a single massive quake to bring sudden and dramatic devastation, the constant month-long shaking of the homes, road, stores and spirits of Guanica has been even more cruel if not as renowned.

This tragedy is also headquartered in the one place on earth I intended to call home. I had spent impactful moments there. Playa Santa, just outside of Guanica, was the location of a lovely apartment with a view of the Caribbean. The landlord had my deposit in escrow and only my signature on a lease awaited. I had gone to a remote beach every other day to clean the plastic from it. I yelled at Playa Santan roosters that just had to wake at the playful satanic hour of 4 am. A lot had happened in such a short-time in Guanica and Playa Santa, the launch of this very podcast as one example, that I just had to tell the story of my time there and the friends who still struggle there.

As if on cue, however, the episode does succeed in laying out an investment idea. Really, this idea is an investment method. I first heard of it from a client about a year ago. I keep this method tucked away until the very last moments of the podcast.

Ria January 28, 2020

Course Description: Protect Your Nest Egg in Five Days

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