SlideShare a Scribd company logo
PLAYING DEFENSE:
PROTECTING YOUR WEALTH
PART II
Securities offered through North Ridge Securities Corp. | Members, FINRA/SIPC/MSRB |
1895 Walt Whitman Road Melville, NY 11747 | 631.420.4242.
IN PART I, WE COVERED WHY IT'S
IMPORTANT TO PROTECT YOUR
WEALTH...
... In Part II of "Playing Defense: Protecting Your Wealth", we will
explore HOW you can protect your assets and help you discover
which ways might be best for you.
ASSET PROTECTION TRUSTS...
... can be run by an independent trustee, keeping the account
safe from most creditors and making it possible to shield assets
for your children.
FAMILY LIMITED PARTNERSHIPS...
... can hold transferred assets, where they are no longer
technically owned by you personally and are thus further out of
reach of creditors.
LIFE INSURANCE...
... can ensure continued financial security for you and your loved
ones. Planning ahead of time for the worst--a loss in the family--
can give someone peace of mind that their family's well being
will not be disrupted.
DISABILITY INCOME INSURANCE...
... can also give peace of mind to your loved ones. A small
percentage of your annual salary may be able to buy a huge
amount of safety and comfort for your family by protecting you
against loss of income, putting a crucial buffer between you and
an unexpected hardship.  These precautions could make all the
difference when you and your family need it most.
THERE ARE MANY MORE OPTIONS
TO KEEP YOU AND YOUR
PROPERTY SAFE...
...but only if you take steps to build those defensive walls around
your family, yourself, and your wealth. Your financial planner can
help you decide exactly which strategies are right for you.
DOES SETTING UP A STRONG
DEFENSE MEAN GIVING UP A SMALL
PERCENTAGE OF THE EARNINGS YOU
ARE TRYING TO PROTECT?
Of course. But investing in the appropriate layers of protection
can pay off exponentially in the long term.
THANK YOUR FOR READING!
For more tips on financial advising, please visit:
ADAMTAU.COM
Securities offered through North Ridge Securities Corp. | Members, FINRA/SIPC/MSRB |
1895 Walt Whitman Road Melville, NY 11747 | 631.420.4242.

More Related Content

Similar to Playing Defense: Protecting Your Wealth - Part II

Planning for Unexpected Finances | Adam Tau
Planning for Unexpected Finances | Adam Tau Planning for Unexpected Finances | Adam Tau
Planning for Unexpected Finances | Adam Tau
Adam Tau
 
Asset protection part i
Asset protection part iAsset protection part i
Asset protection part i
swkoppel
 
p20-21 Respect for Insurance JAN-FEB2016
p20-21 Respect for Insurance JAN-FEB2016p20-21 Respect for Insurance JAN-FEB2016
p20-21 Respect for Insurance JAN-FEB2016
Wayne Miller, BMATH, ASA, ACIA
 
A Guide to Protection Planning
A Guide to Protection PlanningA Guide to Protection Planning
A Guide to Protection Planning
davecsmith35
 
SCI Wealth - Botswana Trusts
SCI Wealth - Botswana TrustsSCI Wealth - Botswana Trusts
SCI Wealth - Botswana Trusts
SCI Wealth
 
SCI Wealth Advisers
SCI Wealth AdvisersSCI Wealth Advisers
SCI Wealth Advisers
SCI Wealth
 
Stopping Affinity Fraud in Your Community
Stopping Affinity Fraud in Your CommunityStopping Affinity Fraud in Your Community
Stopping Affinity Fraud in Your Community
- Mark - Fullbright
 
WFG
WFG WFG
WFG_Client presentation
WFG_Client presentationWFG_Client presentation
WFG_Client presentation
Vladimir Meltzer
 
Whittier Trust- Trust Services
Whittier Trust- Trust ServicesWhittier Trust- Trust Services
Whittier Trust- Trust Services
Tim McCarthy
 
WT_Professional-Trustee
WT_Professional-TrusteeWT_Professional-Trustee
WT_Professional-Trustee
Lisa Edwards
 
3 Secrets Of The Wealthy
3 Secrets Of The Wealthy3 Secrets Of The Wealthy
3 Secrets Of The Wealthy
Brian Bogaert
 
Protecting your family with life ins
Protecting your family with life insProtecting your family with life ins
Protecting your family with life ins
Great Okonkwo, Investor, Trader and Marketing Specialist
 
Life --Presentation
Life --PresentationLife --Presentation
Life --Presentation
Fazle Lafir
 
WT_Professional Trustee_m_06.11.14
WT_Professional Trustee_m_06.11.14WT_Professional Trustee_m_06.11.14
WT_Professional Trustee_m_06.11.14
Robert Renken
 
Phoenixaz insurance
Phoenixaz insurancePhoenixaz insurance
Phoenixaz insurance
HassanHamayun9
 
Pension platforms for Life Income -- Feb2012
Pension platforms for Life Income -- Feb2012Pension platforms for Life Income -- Feb2012
Pension platforms for Life Income -- Feb2012
Brian Weatherdon
 
Expat Insurance Consumer Guide
Expat Insurance Consumer GuideExpat Insurance Consumer Guide
Expat Insurance Consumer Guide
Mariano Ordo
 
Protection
ProtectionProtection
Protection
ProtectionProtection
Protection
Mariano Ordo
 

Similar to Playing Defense: Protecting Your Wealth - Part II (20)

Planning for Unexpected Finances | Adam Tau
Planning for Unexpected Finances | Adam Tau Planning for Unexpected Finances | Adam Tau
Planning for Unexpected Finances | Adam Tau
 
Asset protection part i
Asset protection part iAsset protection part i
Asset protection part i
 
p20-21 Respect for Insurance JAN-FEB2016
p20-21 Respect for Insurance JAN-FEB2016p20-21 Respect for Insurance JAN-FEB2016
p20-21 Respect for Insurance JAN-FEB2016
 
A Guide to Protection Planning
A Guide to Protection PlanningA Guide to Protection Planning
A Guide to Protection Planning
 
SCI Wealth - Botswana Trusts
SCI Wealth - Botswana TrustsSCI Wealth - Botswana Trusts
SCI Wealth - Botswana Trusts
 
SCI Wealth Advisers
SCI Wealth AdvisersSCI Wealth Advisers
SCI Wealth Advisers
 
Stopping Affinity Fraud in Your Community
Stopping Affinity Fraud in Your CommunityStopping Affinity Fraud in Your Community
Stopping Affinity Fraud in Your Community
 
WFG
WFG WFG
WFG
 
WFG_Client presentation
WFG_Client presentationWFG_Client presentation
WFG_Client presentation
 
Whittier Trust- Trust Services
Whittier Trust- Trust ServicesWhittier Trust- Trust Services
Whittier Trust- Trust Services
 
WT_Professional-Trustee
WT_Professional-TrusteeWT_Professional-Trustee
WT_Professional-Trustee
 
3 Secrets Of The Wealthy
3 Secrets Of The Wealthy3 Secrets Of The Wealthy
3 Secrets Of The Wealthy
 
Protecting your family with life ins
Protecting your family with life insProtecting your family with life ins
Protecting your family with life ins
 
Life --Presentation
Life --PresentationLife --Presentation
Life --Presentation
 
WT_Professional Trustee_m_06.11.14
WT_Professional Trustee_m_06.11.14WT_Professional Trustee_m_06.11.14
WT_Professional Trustee_m_06.11.14
 
Phoenixaz insurance
Phoenixaz insurancePhoenixaz insurance
Phoenixaz insurance
 
Pension platforms for Life Income -- Feb2012
Pension platforms for Life Income -- Feb2012Pension platforms for Life Income -- Feb2012
Pension platforms for Life Income -- Feb2012
 
Expat Insurance Consumer Guide
Expat Insurance Consumer GuideExpat Insurance Consumer Guide
Expat Insurance Consumer Guide
 
Protection
ProtectionProtection
Protection
 
Protection
ProtectionProtection
Protection
 

Recently uploaded

STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
sameer shah
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
Commonwealth
 
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptxUnlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
cosmo-soil
 
快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样
快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样
快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样
5spllj1l
 
Detailed power point presentation on compound interest and how it is calculated
Detailed power point presentation on compound interest  and how it is calculatedDetailed power point presentation on compound interest  and how it is calculated
Detailed power point presentation on compound interest and how it is calculated
KishanChaudhary23
 
Bridging the gap: Online job postings, survey data and the assessment of job ...
Bridging the gap: Online job postings, survey data and the assessment of job ...Bridging the gap: Online job postings, survey data and the assessment of job ...
Bridging the gap: Online job postings, survey data and the assessment of job ...
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
AntoniaOwensDetwiler
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
Falcon Invoice Discounting
 
Upanishads summary with explanations of each upnishad
Upanishads summary with explanations of each upnishadUpanishads summary with explanations of each upnishad
Upanishads summary with explanations of each upnishad
ajaykumarxoxo04
 
Enhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial InstitutionsEnhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial Institutions
shruti1menon2
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
hiddenlevers
 
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdfSeeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Ashis Kumar Dey
 
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaNew Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
Amit Kakkar
 
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investmentsfalcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
Falcon Invoice Discounting
 
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
AntoniaOwensDetwiler
 
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
5spllj1l
 
International Sustainability Standards Board
International Sustainability Standards BoardInternational Sustainability Standards Board
International Sustainability Standards Board
Kumar Ramaiah
 
Applying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdfApplying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdf
alexiusbrian1
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
5spllj1l
 

Recently uploaded (20)

STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
 
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptxUnlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
 
快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样
快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样
快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样
 
Detailed power point presentation on compound interest and how it is calculated
Detailed power point presentation on compound interest  and how it is calculatedDetailed power point presentation on compound interest  and how it is calculated
Detailed power point presentation on compound interest and how it is calculated
 
Bridging the gap: Online job postings, survey data and the assessment of job ...
Bridging the gap: Online job postings, survey data and the assessment of job ...Bridging the gap: Online job postings, survey data and the assessment of job ...
Bridging the gap: Online job postings, survey data and the assessment of job ...
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
 
Upanishads summary with explanations of each upnishad
Upanishads summary with explanations of each upnishadUpanishads summary with explanations of each upnishad
Upanishads summary with explanations of each upnishad
 
Enhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial InstitutionsEnhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial Institutions
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
 
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdfSeeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
 
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaNew Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
 
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investmentsfalcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
 
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
 
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
 
International Sustainability Standards Board
International Sustainability Standards BoardInternational Sustainability Standards Board
International Sustainability Standards Board
 
Applying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdfApplying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdf
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
 

Playing Defense: Protecting Your Wealth - Part II

  • 1. PLAYING DEFENSE: PROTECTING YOUR WEALTH PART II Securities offered through North Ridge Securities Corp. | Members, FINRA/SIPC/MSRB | 1895 Walt Whitman Road Melville, NY 11747 | 631.420.4242.
  • 2. IN PART I, WE COVERED WHY IT'S IMPORTANT TO PROTECT YOUR WEALTH... ... In Part II of "Playing Defense: Protecting Your Wealth", we will explore HOW you can protect your assets and help you discover which ways might be best for you.
  • 3. ASSET PROTECTION TRUSTS... ... can be run by an independent trustee, keeping the account safe from most creditors and making it possible to shield assets for your children.
  • 4. FAMILY LIMITED PARTNERSHIPS... ... can hold transferred assets, where they are no longer technically owned by you personally and are thus further out of reach of creditors.
  • 5. LIFE INSURANCE... ... can ensure continued financial security for you and your loved ones. Planning ahead of time for the worst--a loss in the family-- can give someone peace of mind that their family's well being will not be disrupted.
  • 6. DISABILITY INCOME INSURANCE... ... can also give peace of mind to your loved ones. A small percentage of your annual salary may be able to buy a huge amount of safety and comfort for your family by protecting you against loss of income, putting a crucial buffer between you and an unexpected hardship.  These precautions could make all the difference when you and your family need it most.
  • 7. THERE ARE MANY MORE OPTIONS TO KEEP YOU AND YOUR PROPERTY SAFE... ...but only if you take steps to build those defensive walls around your family, yourself, and your wealth. Your financial planner can help you decide exactly which strategies are right for you.
  • 8. DOES SETTING UP A STRONG DEFENSE MEAN GIVING UP A SMALL PERCENTAGE OF THE EARNINGS YOU ARE TRYING TO PROTECT? Of course. But investing in the appropriate layers of protection can pay off exponentially in the long term.
  • 9. THANK YOUR FOR READING! For more tips on financial advising, please visit: ADAMTAU.COM Securities offered through North Ridge Securities Corp. | Members, FINRA/SIPC/MSRB | 1895 Walt Whitman Road Melville, NY 11747 | 631.420.4242.