10 Genius Ways to Protect Your Money
10 Genius Ways to Protect Your Money
Mark Henricks Thu, June 16, 2022,
SmartAsset: 10 Asset Protection Strategies for 2022
Asset protection strategies can protect investors, professionals, business owners and those with significant assets from loss due to lawsuits, creditor claims and other risks. This often involves moving assets from the owner’s personal control into various legal entities in order to separate them from claims against the owner. While not necessarily simple, inexpensive or guaranteed to stop all claims, asset protection can be an important part of a financial plan. A financial advisor can help identify the assets and strategies appropriate to your individual situation.
What Is Asset Protection?
Asset protection consists of a set of legal techniques used to protect assets owned by individuals and businesses from claims arising from lawsuits, debts and taxes. For instance, these strategies can limit the amount a driver can lose if someone is injured in an automobile accident in which the driver is at fault.
Asset protection is most useful for people with significant assets. Occupation also plays a role here. Business owners, especially those with employees, are among those most likely to be subject to lawsuits for damages. Others at risk include real estate investors and highly paid professionals such as physicians, especially surgeons and obstetricians.
Asset protection can also shield assets from loss due to divorce. In that sense, anyone who is married may be a candidate for asset projection.
Asset protection is useful but has its limitations. It may involve significant cost and complexity and is a lower priority for people with few or no assets. And asset protection can’t shield against all taxes or various liens such as mechanics liens.
10 Asset Protection Strategies
Asset protection is highly individualized. Every asset protection plan is likely to be different in some aspects from all or most other asset protection plans. However, there is a finite set of tools that can be used. Here are 10 of the most important:
Plan ahead. In most cases, when a lawsuit is filed or a tax bill is levied it is too late to try to protect assets. For best results, asset protection should be done before there is a need for it.
A limited liability company (LLC) is one of the most common, simple and effective asset tools for protecting assets. Creating an LLC and transferring real estate, vehicles and other assets into the LLC can shield them from lawsuits or other claims against the owners of the LLC. LLCs can also manage taxes by avoiding double taxation on corporate profits.
Asset protection trusts are irrevocable trusts that serve as repositories for assets removed from the control of the original owner. Assets transferred to an asset protection trust are often protected from creditor and lawsuit claims against an individual or business. International asset protection trusts based in offshore havens such as the Cook Islands and Nevis offer even more protection.
Family limited partnerships let owners set themselves up as general partners of partnerships owning assets they wish to protect. Family members can be made limited partners. This is an effective way to manage estate taxes.
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Marc Faber: Imminent Financial Collapse, Money Printing & Gold
Palisades Gold Radio: 9-8-2026
Stijn Schmitz welcomes back Contrarian Investor and Publisher of the Gloom, Boom, & Doom Report Marc Faber to the show.
Faber opened the discussion by emphasizing the unprecedented complexity facing economists and investors today, driven by a confluence of dismal fiscal situations in Western democracies, geopolitical tensions, and the central role of central banks in financing massive deficits.
TNT:
Tishwash: After September 30th, a new security agreement will keep Marines protecting the US Embassy in Baghdad.
On Monday, Hoshyar Zebari, a leader in the Kurdistan Democratic Party, revealed new details regarding the American withdrawal from Iraq, pointing to bilateral security arrangements between Baghdad and Washington, which include the continued presence of US Marines to protect the embassy .
Zebari said in a televised interview followed by Al-Sa’a Network that “this operation will end on September 30,” explaining that “the Iraqi government agreed with the American side two years ago that in 2026 there will be no need for Operation Inherent Resolve .”
KTFA
Monday Night Video
FRANK26…9-7-26…..CURRENCY DEALERS TALK
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Rob Cunningham: Mission Abundance
9-7-2026
MISSION ABUNDANCE
Let’s play a game, shall we?
Let’s consider and then process a hypothetical 8 year scenario.
TNT:
Tishwash: An economist predicts the return of the 50 and 100 dinar denominations with the currency change.
Economic expert Mustafa Hantoush suggested on Sunday that the 50 and 100 dinar denominations would return to circulation if the currency change were to proceed, noting the possibility of issuing new currency denominations with stronger security features .
Hantoush said in a televised interview followed by Al-Sa’a Network that “the Central Bank may issue a new currency with advanced security features, with the possibility of introducing currency denominations less than 250 dinars, such as 100 fils .”
CLARITY ACT HITS A CRITICAL WALL: U.S. DIGITAL-FINANCE LEADERSHIP NOW FACES A REGULATORY GAP
Congressional deadlock is putting the future of comprehensive U.S. crypto market-structure legislation in doubt just as federal regulators and other financial centers move ahead with their own digital-asset frameworks.
OVERVIEW
The CLARITY Act remains stalled in the Senate, with a September 15 cloture vote now representing the next major test of whether the legislation can advance.
The delay is being driven by unresolved disagreements over ethics provisions, anti-money-laundering safeguards, stablecoin rewards, community-bank deposits, law-enforcement authority and SEC-CFTC jurisdiction.
Labor Day Coffee with MarkZ. 09/07/2026
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: CBI on Currency changes, Erbil/Baghdad, Gold, a bold claim in Venezuela, the fog of war, and Plenty of bond rumors to start the week.
MZ: For a Monday on a holiday weekend I think we have pretty good news and rumors.
Sunday Dinar Update: Things Are Moving FAST!
The Dinar Den: 9-6-2026
Iraq’s financial landscape is undergoing a pivotal transition as state institutions work toward comprehensive economic modernization. Market analysts, economists, and international observers have increasingly turned their focus to the Iraqi dinar (IQD) and the broader policy adjustments managed by the Central Bank of Iraq (CBI).
Understanding these developments requires evaluating a combination of legal frameworks, currency circulation metrics, banking sector overhauls, and significant political milestones.
TNT:
Tishwash: Parliamentary Finance Committee: There is an intention to issue banknotes in denominations smaller than 250 dinars.
About the news
The parliamentary finance committee revealed that there is an intention to issue smaller denominations of currency than the 250 dinar note.
This measure comes as a result of what has been described as the currency not having changed for a long time and the occurrence of counterfeiting.
Removing Zeros From The Dinar: Parliamentary Finance Committee Sets Conditions For Proceeding With This Matter.
Today 12:19 The Information/Baghdad... Member of the Parliamentary Finance Committee, Amer Rahim, confirmed on Saturday that voting on a bill to remove zeros from the local currency requires extensive discussions and the enforcement of a package of laws within the Parliament. He indicated that raising this issue at the present time is premature.
Good Morning Dinar Recaps,
CHINA'S $3.44 TRILLION RESERVE WALL RISES: YUAN STRENGTH SIGNALS A SHIFT IN GLOBAL CURRENCY BALANCES
China's enormous foreign-exchange reserve position is rising as the yuan strengthens and the dollar weakens, highlighting how exchange rates, reserve management and competing currencies are reshaping the global financial landscape.
China Just Triggered the Biggest Gold and Silver Rally in 50 Years: Luke Groman
Slick Finance: 9-5-2026
The global financial landscape is experiencing a profound transformation, characterized by a steady shift away from traditional dollar-centric foreign exchange reserves.
As nations reevaluate their monetary strategies in an increasingly interconnected yet fractured world, a new global monetary dynamic is taking shape. At the center of this evolution is the enduring appeal of gold, which is rapidly emerging as the preferred neutral reserve asset for sovereign entities seeking stability, security, and independence from legacy financial systems.
KTFA
Sunday Video
FRANK26…9-6-26….CBI OFFICIAL ANNOUNCEMENT
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
2,500 Years of Monetary History Reveal the Same Pattern. Is It Happening Again? | Bob Klein
Miles Franklin Media: 9-6-2026
Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, interviews Bob Klein, Founder and Chief Investment Officer of Medici Capital.
Klein, who identified the dot-com and housing bubbles before they burst, explains why the U.S. stock market is once again in bubble territory and what could ultimately bring the boom to an end.
Al-Taif Bank Pledges To Return Depositors’ Funds
2026-09-06 Shafaq News- Baghdad Al-Taif Islamic Bank said it would soon return depositors’ funds after a committee appointed by the Central Bank of Iraq (CBI) formally took control of the bank’s management.
The bank said on Sunday the committee began its work and is preparing a plan to set procedures for customers and settle their financial claims.
Good Afternoon Dinar Recaps,
U.S. STRIKES THREE IRANIAN OIL TANKERS: WAR MOVES DEEPER INTO THE GLOBAL ENERGY-SUPPLY SYSTEM
The conflict is no longer only threatening oil supplies — military action is now directly targeting vessels carrying Iranian crude, raising the financial stakes for energy markets, shipping, currencies and global trade.
TNT:
Tishwash: Currency exchange offices closed at Baghdad airport; travelers warned of delays.
The Baghdad International Airport administration announced on Saturday that the Central Bank of Iraq has closed a number of exchange companies operating inside the airport, warning travelers of congestion and delays in currency exchange procedures .
The airport administration said in a statement seen by “Al-Sa’a” that “passengers whose travel requires them to complete currency exchange procedures must come to the airport early and well before the flight time.”
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR Update as of Sun. 6 Sept. 2026
Compiled Sun. 6 Sept. 2026 12:01 am EST by Judy Byington
Judy Note:World Banks were broke after years of printing unlimited fiat US Dollars and lending money they didn’t have. The situation has forced the BRICS Alliance to (allegedly) dismantle the Petrodollar through a gold/asset-backed Global Currency Reset and has shaken the Financial World to it’s core.
The Parliamentary Financial Committee: There Is An Intention To Issue Smaller Currency Denominations Than The 250 Dinar Denomination
Translated from Arabic The Parliamentary Financial Committee: There is an intention to issue smaller currency denominations than the 250 dinar denomination because the currency has not changed for a long time and counterfeiting has occurred in it..
YEN SURGE SHAKES THE $2.35 TRILLION CARRY TRADE: JAPAN’S CURRENCY REVERSAL COULD REPRICE GLOBAL CAPITAL FLOWS
Japan’s rapidly strengthening yen is forcing investors to reconsider one of the world’s largest funding trades, raising the possibility of broader shifts in global liquidity, asset prices and capital flows.
OVERVIEW
The yen has surged nearly 4% in about a week, reaching a seven-month high as markets increasingly expect the Bank of Japan to raise interest rates.
Cross-border yen borrowing — a proxy for the carry trade — reached a record 360 trillion yen, or approximately $2.35 trillion, in March, according to Jefferies analysis of Bank for International Settlements data.
A sustained yen rally could force investors to unwind leveraged positions and repatriate capital, potentially affecting currencies, bonds and other global assets.