Monday, October 4, 2010

How To Protect Assets Like Rich?

How To Protect Assets Like Rich?

How Rich Protect Their Assets?

Do You know that Only Building assets is not important but protecting those assets is also important. And Do you know that how rich protect their Assets?

Well, by using the power of the corporate structure. Basically rich don’t own any asset in their own name but in the name of their companies (Private limited or public limited).

And that’s why during the time of divorce, sue or any other legal law suits, their assets get protected very well. This is because their all the assets are owned by their companies and not by their own names on their financial statements and the companies stand as the legal separate entity during the time of lawsuits and protect your assets.

So the moral is that don’t own any asset in your own name. But own everything in the name of your companies. Now, you may ask that but everybody can’t launch their own company.

Well, This is a Myth. The Truth is that everybody can register their own company with just few thousand bugs in the office of some corporate attorney in your local city.

Rich can use the power of the corporate structure very well because they have learned this basic financial literacy from their rich parents. You can also now learn this power of corporate structure and various corporate strategies in your favour to protect your assets like rich.

You can Download my FREE eBook – MJ2BC: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?

I am giving you this eBook for FREE because I want to spread this financial awareness to as many people as possible around the world. So that all of us can see the better future.

And yes, if you like the information inside the eBook than don’t forget to spread this financial awareness to all around the world.

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