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incorporate to protect assets?

02-01-2005, 04:45 PM	#1
TallCotton Dryer sheet wannabe Join Date: Jan 2005 Posts: 14	ER is on my horizon. Has anyone placed there material/cash assets into some other entity, whether Trust, Corporation, Company, or ? in hopes of avoiding losing everything if something happens. I can imagine somehow becoming very much in debt because of a health issue or a lawsuit or something, then claiming bankruptcy to eliminate the debt while still retaining all assets. TC

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