Winter - I disagree. You've taken the bait that somehow access to healthcare and having health insurance are related, beyond the ability to pay. My point is simple, health insurance pays your major health care bills. You can always pay for them out of pocket, i.e., spend your assets, rather than have health insurance.
Once your assets run out, than your statement applies.
In all honesty, we all talk to different style of clients. Most of mine (well, some of mine) have some reasonable assets that they want to protect, if nothing else, house equity and a 401K.
When I get a referral from an auto dealer for a client that has a 540 credit score and no assets to their name, I don't go into an asset protection pitch. Simply, you need insurance, if you don't pay it, the insurance the bank will put on the car will far exceed what you pay me kind of thing.
When I'm talking to a small business owner, who has had some success in life, it's all about asset protection.
Dan
Once your assets run out, than your statement applies.
In all honesty, we all talk to different style of clients. Most of mine (well, some of mine) have some reasonable assets that they want to protect, if nothing else, house equity and a 401K.
When I get a referral from an auto dealer for a client that has a 540 credit score and no assets to their name, I don't go into an asset protection pitch. Simply, you need insurance, if you don't pay it, the insurance the bank will put on the car will far exceed what you pay me kind of thing.
When I'm talking to a small business owner, who has had some success in life, it's all about asset protection.
Dan
