This is why asset protection has to be done before the deal closes. A little over five years ago, I was contacted by a business owner in the trucking industry. He had built his company from scratch over nearly 20 years. Eventually, he found a buyer. They agreed on a sale price of $12 million. Before the transaction closed, he hired me to set up a properly structured asset-protection trust. That decision mattered more than he could have imagined. After the sale, the new owner took over. And almos
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