At the time, in my head I was certain this saliva layer would protect that cookie from the hands of those that I didn’t trust to leave me one for the next day. Hardly! The judge took my cookie. What I really needed was my own private cookie jar with a combination lock that only I knew and could access!
One of the great side benefits of Life Insurance is the level of additional asset protection that it provides its clients and their beneficiaries.
Do a little homework and you will find that what I’m suggesting is very real and has protected the assets of many high-profile people when things didn’t go their way in court. It would be nice to name a few that were our heroes (and clearly good people) that got handed a raw deal, but those are not usually the ones we hear about. Why shouldn’t it be the type of protection you deserve as a good person responsibly protecting your assets from the unknown?
Go ahead and judge my cookie preservation act. I was young. Chances are you’ve thought about doing that at least once in your life too, right? You deserve better protection, though, and should build a fortress around your wealth so nobody can get to it if things don’t go your way.
In short, the values of Life Insurance (both the cash value and the death benefit) are protected from creditors under specific conditions. It’s important to note that the level of protection varies in every state so it warrants your further research on this subject. As always, I recommend good legal advice from a qualified attorney in your state.
Sean Fleming