
How to Protect Your Assets
Wonton Wealth host Tanh Truong explains why real estate investors can face costly claims even when they did nothing wrong, and how asset protection is intended to limit what plaintiffs can collect. Drawing on conversations with an asset protection attorney, he walks through insurance, state exemptions, LLCs, trusts, personal guarantees, common myths, and why structures need to be set up before a claim arises. This is educational discussion, not legal advice; the right approach depends on state law and individual circumstances. Takeaways Getting sued is a cost of doing business. You can’t prevent lawsuits, but you can control what happens when one shows up. Asset protection isn’t about winning lawsuits. It’s about shrinking the settlement number by shrinking what looks collectible. The critical question: In your state, is the charging order the exclusive remedy? The catch is that reality has to match the paper. So irrevocable doesn’t mean unchangeable. Structure is what decides whether you get to come back. Privacy is a deterrent, not a shield. But only if you do it before you need it. Once you have a claim, it’s too late. Audit your structure, list every asset you own, how it’s titled, and every personal guarantee that you’ve ever signed. Chapters 00:00 A passive investor spouse faces a multimillion-dollar judgment 02:05 Why lawsuits target wealth, even when owners did nothing wrong 05:01 Collectability drives settlements - not just fault 06:06 Start with insurance and state exemptions 08:04 Inside vs. outside liability and charging-order protection 11:12 Operating agreements and irrevocable trust options 14:27 How trusts can fail: timing and fraudulent transfers 15:31 Personal guarantees and protecting a path to rebuild 17:10 Five asset protection myths investors hear online 19:05 A layered structure and planning by net worth 20:53 The protection stack and this week’s homework Here's the link to my book: https://www.amazon.com/Value-Over-Foundation-Commercial-Investing/dp/B0DNN14NLQ Want to learn more about CRE? investbeyondmultifamily.com/course Use Code for 10% off: tanhtruong 🔋 Support My Channel 🔋 Bitcoin: bc1q2jnv9sn3efhfvc43q5cqe2leev3066cegpyyz5 Sats via Strike: https://strike.me/tanh Dollars via Paypal: https://www.paypal.com/paypalme/tanht Dollars via Venmo: https://account.venmo.com/u/tanh-truong 🌍 Website: https://www.wontonwealth.com ✖️ X: http://www.x.com/tanhtruong 📷 IG: http://www.instagram.com/pro_tanh 🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.



