This document discusses asset protection strategies for veterinary practice owners. It notes that while common sense is important, more is needed to protect against lawsuits, employee actions, personal debts, and other risks. It provides four rules for an effective asset protection plan: 1) Do not own significant assets personally, 2) Use multiple entities to own different assets, 3) Maintain assets and entities across different jurisdictions, 4) Remember that laws change so strategies must be adapted over time. The document stresses seeking knowledgeable advice tailored to an individual's situation rather than generic solutions.