Losing your assets because of lawsuits is certainly an annoying thing to experience, but most people realize this only when it's too late. Therefore, many individuals turn to the best deterrent against this situation: asset protection. Exploring this topic further with Solomon Ali is Kevin Day, an attorney specializing in asset protection and estate planning. He shares some key secrets surrounding this legal area, from how irrevocable trusts work, the right time to acquire asset protection, to what people can do at a bare minimum to mitigate the risks of lawsuits. Kevin also details a few interesting cases he has handled in the past, focusing on the wins and losses in the industry, as well as some loopholes in the law.