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Rating: 
Summary: Excellent book for general public
Review: I read through the book and learned a lot about various aspects of asset protection. This book is focused on small business, as it says, and it does an excellent job when discussing various 'tools'. There are many great asset protection 'tools' out there, but what works for you is all you need to care about, and this books does just that to small business owners.The book starts with understanding your position to creditors (private and gov't). Then, it helps you get to know one tool after another in different situations you may be in, and each chapter is just in great details including pro and cons, typical scenarios, and Smart Plan (I love these). Of course, no one is perfect. What I wish to see from this book, and many other books in this topic, is the overall picture of a business entity model/structure a person/business should have. For instance, it'll be much more helpful if the author include 2 or 3 smart business structures one should/could have and provide explanation of how each model works. The model should utilize, let's say, LLC, Living Trust, children's Trust... altogether to build a strong asset protection structure for a business and its business owners. It's true that the models may not totally work for each indiv., but it does give great understanding of how/why it's structured the way it is. Overall, the book is great and highly recommended to general public readers who, like me, is not a lawyer or pro in this area. Further legal assitance is still recommended, but at least readers get good understanding when designing their own plan.
Rating: 
Summary: What every small to large-sized business owner needs !!
Review: It's clear that the author has years of experience in protecting business owners' hard-earned assets. The author's asset protection strategies range from simple and inexpensive to complex and costly. This really makes the book suitable for managers of large corporations as well as small business owners. At 500 pages, the book is detailed and comprehensive, but easy to read. Who would have known that in many states taking out a second mortgage on a house could make it exempt from attachment, while in other states, just the opposite approach, i.e., paying off the first mortgage, is what's required? Or that an IRA shields assets from the claims of creditors in many states and thus provides much more than a tax shelter, while in other states an ERISA-qualified 401(k) plan is a better choice? The author sorts all of this out in an authoritative but easy to read guide. Many readers will wish that they had this book years ago before financial problems developed. But, even there the author has strategies that can help avert a disaster. The content, layout and design of this book make it not only indispensable, but actually fun to read. The tips, warnings and anectdotes are terrific. Attorney Misenti obviously has wide ranging experience in this field and his writing style is superb.
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Summary: The Ultimate Wealth Preservation Guide
Review: This is the ultimate guide to wealth building and wealth preservation. I've read other guides on forming an LLC or a corporation, but I never realized how woefully inadequate those other guides were before I purchased this book. As the author points out, many business owners form an LLC or a corporation without understanding how to strategically fund the entity, avoid exceptions to limited liability, or transfer assets to exempt categories, all of which are necessary if financial wealth is to be preserved in the face of lawsuits or bankruptcy. This guides teaches how to do all of that, and more. The addition of actual cases, state asset exemption lists, and business forms for LLC's, makes this one of the best books of its kind that I've seen. Apparently this is one book in a series from the publisher that has received a lot of acclaim. ...
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