About this episode

Curtis May interviews Mark Pierce about asset protection strategies for business owners and high-net-worth individuals.

Most people focus on making money, investing money, and reducing taxes. But very few stop to ask a more dangerous question: Can someone take this from me? In this episode of The Practical Wealth Show, Curtis May sits down with Mark Pierce, a trust and LLC attorney with more than 42 years of experience in asset protection, complex tax planning, and estate preservation strategies. Mark is the founding attorney of Wyoming Trust Attorney and works with families, business owners, professionals, and high-net-worth individuals to help structure wealth so it is better protected from creditors, lawsuits, divorce, and other threats. What makes Mark's perspective unique is that he has seen asset protection from both sides. Earlier in his career, he served as a bankruptcy trustee, where his job was to attack weak structures and recover assets for creditors. Today, he uses that experience to help clients build protection designed to hold up under pressure. In this conversation, Curtis and Mark discuss: Why making money is only half the job The difference between a revocable living trust and an asset protection trust Why LLCs alone may not be enough How insurance, trusts, and legal structures…

Topics covered

• asset protection
• trusts
• LLCs
• lawsuits
• divorce
• wealth management

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