Defending The Fort
Property is constantly under siege. It has innate centripetal and attractive forces that seduce the rapacious treasure hunters. The invasion often resembles the Allied operation. against the Normandy coast of France on D-Day and the assault of Leningrad by the German Army. The court battle that ensues is wearisomely protracted and costly.
Asset protection is pivotal under siege conditions. One-sided matches will take place in the absence of legal structures designed to insulate property from the onslaught of invaders. One mean rule for those with lean wealth is: “Guard thy treasures from loss.” George S. Clason in The Richest Man in Babylon (1926) wrote, “Gold in a man’s purse must be guarded with firmness, else it be lost. Thus it is wise that we must first secure small amounts, and learn to protect before the gods entrust us with larger.”
Once you start building your financial empire, you must prepare to defend the fort from rampaging raiders. just like in conventional warfare with combatants making full use of warplanes, tanks, missiles, warships, artillery and small arms, you must deploy the legal weapons at your disposal. But there are certain things you just should not do. Thou shalt not defraud creditors. Thou shalt not engage in money laundering and other unlawful activities. Thou shalt not amass legitimate wealth without knowing about asset protection. No, not measures that employ elaborate electronically guarded safe-deposit vaults, electrified fences and stone walls around estates and a complex system of guards, watchmen and locks in dwellings to protect propertied domains, True asset protection goes beyond these palliative remedies. Once a lawsuit is filed against property owners who are clueless about asset protection, it will not be a game. It will be a massacre.