98% of business owners are at great risk as their wealth increases so do their subsequent risks. It should be the other way around. The more money you make the more you should be able to protect and preserve it.
Business owners, partnerships, and sole proprietors should not own the shares in a company or the members’ interest in a close corporation in their own individual names, but it should rather be owned by separate business shareholding trusts.
The goal is to have no assets in your personal name, so that you can never be sequestrated or liquidated or if you are required to sign surety for anything, that it does not affect your personal estate and private assets that should be registered in your family trust.
