Assets protection is important for the little guy
This is why assets protection is important for every one that has any type of asset.
Imagine two people, person A has $30,000,000 and person B has $300,000.
Person A got sued
Person A with $30,000,000 gets sued for $10,000,000. This is devastating, Person A might be angry or sad, but person A will be ok since he has $20,000,000 left.
Person B got sued
Person B with $300,000 gets sued for $400,000. Person B might be done for good and may not be able to recover.
You might be thinking but the percentage that the person B got sue is different. It’s way higher.
Lawsuit don’t care much about percentage, they care about recovering the damage or lose.