Asset Protection for Personal Property
Big Picture Retirement®
Devin Carroll
4.7 • 546 Ratings
🗓️ 1 August 2022
⏱️ 37 minutes
🧾️ Download transcript
Summary
If you've accumulated non-business assets like a second home or large brokerage account, there are steps you can take to protect those assets.
Although this show does not provide tax, legal, or financial advice, you can engage Devin or John through their individual firms.
Contact Devin's team at https://www.carrolladvisory.com/
Contact John's team at https://www.rossandshoalmire.com/
Transcript
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| 0:00.0 | The Big Picture Retirement Show does not provide tax, legal, or financial advice. |
| 0:04.0 | Listeners are encouraged to seek out their own advisors in these areas. |
| 0:11.2 | Hey, everyone. |
| 0:12.2 | Welcome to The Big Picture Retirement Show. |
| 0:14.2 | I'm your host, Devin. |
| 0:15.3 | Join today, as I always am, by my co-host, John. |
| 0:19.8 | Hey, John. |
| 0:20.6 | Howdy. All right, John. Hey, John. Howdy. |
| 0:21.4 | All right, John. |
| 0:22.1 | So this is the first of the episodes of the, what did you call it? |
| 0:28.6 | The Reunion Tour. |
| 0:29.8 | Yeah, the Reunion Tour, Season 2 of Big Picture of Retirement. |
| 0:33.4 | There you go. |
| 0:34.2 | Well, I'm happy to be back. |
| 0:35.6 | And you sent over some notes earlier today about an episode |
| 0:39.6 | that you wanted to record on asset protections yeah well particularly the the you know something |
| 0:46.2 | that probably a lot of people don't think about but uh you know we've got some uh we got some trying |
| 0:51.2 | times out there in the economy i mean uh i I'm not an economist, right? But you can't |
| 0:59.1 | turn on the news without hearing the word recession. I don't think, or, you know, depending on who you |
| 1:04.5 | talk to, whether we're in a recession, going into a recession, I'm not sure. What I do know is it costs me almost $100 to fill up my truck with gas. |
| 1:16.7 | You know, if I want to eat a steak, it cost me about twice as much as it did last year. |
| 1:21.4 | You know, the consequences, though, of a recession on lots of different people out there, right? You take a, take a more modest couple |
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