Welcome to Radical Personal Finance a show dedicated to providing you with the knowledge, skills,

insight and encouragement you need to live a rich and meaningful life now while building a plan for

financial freedom in 10 years or less.

Today we continue part four of our Asset Protection Planning for

Mere Mortals series. Part one I laid out for you a very broad overview of

asset protection planning. Encourage you to consider the assets that are important to you and define the risks that those assets face and then consider protection strategies very broadly.

In part two, we talked about the morality and legality of asset protection planning, specifically here referring to financial assets and engaging in legal planning to make it harder for a creditor to collect against you.

And I defended the idea that it is both legal and

moral for you to make your assets hard to seize.

In episode 3 of this series, I laid out for you the problem that we're protecting against and the summary

thesis of that show was simply it's not good enough for you to expect to be a

prudent and careful person and think that you'll be okay if you're just a prudent careful person.

It's not good enough for you to simply trust the court system and say, well, if I'm wrong, I don't mind paying for the things that I've gotten wrong,

and I can just trust that the judge and the jury if there's a jury involved

they'll work out the details and I don't mind. It's not good enough in today's world that simply is

it's a fantasy to believe that you can just simply be prudent and that the courts will find justice.

That's a fantasy.

And so I sought to make that claim in part three.

Today in part four, I'm going to talk to you about the overall litigation process to explain

to you how the process works so that you understand the legalities involved in the process

of litigation. The majority of asset protection planning

that we're concerned about will involve a legal case. That's because in the

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