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REI102: Don't Lose All Your Money & Truth About LLCs w/ Brian T. Bradley
Millennial Investing - The Investor’s Podcast Network
What's the Difference Between Exemptions and Collectability?
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Exemption planning is the type of protection we get from state ederal laws that exempts assets from creditors. Ase protection plans are looking on collectability. Most exemptions are used through bankruptcy, so it has some limitations. It just uses legal tools to limit the access of the asset to a creditor. And these are in a spendthrift trust, charged arter protection entities like l l c's and limited partnerships or locked up, unreachable assets.
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