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  1. michaelg

    Protect Assets

    Reply: 1.1.1.1.1.1.2.2.1.1.1.3.1.1.1.1.1.1.2.2.3.2.1.1.1 From: Michael G Robert, On that note, its not much of an incentive to save huh? Imagine the more you save, the more debt you generate! Imagine having a successful business where you push your profits into your super. Then what you...
  2. michaelg

    Protect Assets

    Reply: 1.1.1.1.1.1.2.2.1.1.1.3.1.1.1.1.1.1.2.2.3.2 From: Michael G Robert, It was my understanding that super was 9% because it was to support you in retirement. Maybe there should be legislation that, if you get married. You super rolls over into a new policy and your employer then starts...
  3. michaelg

    Protect Assets

    Reply: 1.1.1.1.1.1.2.2.1.1.1.3.1.1.1.1.1.1.2.2.1.1.1 From: Michael G Jeremy, Hmmm, I guess the process would be; 1. Determine who's interested (the more the merrier). 2. Agree by majority how many scenarios (the more the most it costs of course). 2-3 would be a good number (Basic...
  4. michaelg

    Protect Assets

    Reply: 1.1.1.1.1.1.2.2.1.1.1.3.1.1.1.1.1.1.2.2.1 From: Michael G Michele, I've read alot on this subject (surprise, surprise) and so have friends of mine. Something that is very clear is that the law (i.e. the Judge who's court you happen to be in) pretty much has the power to dismantle...
  5. michaelg

    Protect Assets

    Reply: 1.1.1.1.1.1.2.2.1.1.1.3.1.1.1 From: Michael G Mark, That's great to see, but its possible that in some cases... 1) the mention of money, makes the spouse irritable, or angry (because they don't or do not want to understand) 2) the mention of sacrificies is not an options with some...
  6. michaelg

    Protect Assets

    Reply: 1.1.1.1.1.1.2.2.1.1.1.2 From: Michael G Jeremy, I'm suggestion people should think of asset protection in terms of "income protection insurance", to the extent that your assets are your income. How else does one get out of the rat race? by acquiring assets that generate passive...
  7. michaelg

    Protect Assets

    Reply: 1.1.1.1.1.1.2.2.1.1 From: Michael G Hi all, What are we discussing here? Asset Protection: as·set (st) n. A useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company. A valuable item that is owned. pro·tec·tion (pr-tkshn) n...
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