Wealth Advice Done Right
Detailed Economic Self-Defense
Effective economic self-defense goes beyond traditional financial risk management. While being properly insured in all areas of your life and having wills, powers of attorneys, living wills, trusts, and other legal documents in order are important, economic self-defense goes a few steps further to help ensure you:
- Are financially and physically prepared for good and bad economic times
- Have a playbook and plan for when things go wrong, big and small
- Maintain an asset ownership strategy for a significant economic upheaval
- Have trained those you love on what to do if the worst happens
- Have helped secure your assets from fraud, theft, and cybersecurity risks
- Are aware of and secure from income and industry risk presented by your business
- Prepare the next generation to maintain and grow your legacy
Anything short of being fully prepared on these items leaves you, your assets, your family, and your legacy at risk. Proper Economic Self-Defense helps to put you in control with proactive strategies created to prevent and respond, not react, to negative economic situations of various magnitudes.
Being prepared can allow you to focus on the things you care most about in life, knowing you have taken steps toward becoming economically secure. Once you have a plan for your assets and financial life, you are free to focus on growing your assets and legacy to impact future generations.
