Jane_Doe - 9:49 pm on Mar 16, 2011 (gmt 0)
The more companies you have, then they each need their own insurance policies. So it gets to be a bit of a trade off on how much you do versus how much you make.
You have to look at how much you are making per company and just do what is good enough. And then it helps to have your own assets in a safe place, which is dependent on state laws. Home and some retirement savings depend on state laws.
Many attorneys try to sell expensive trusts but an ERISA protected retirement plan is pretty cheap and more bullet proof and protected by Federal law except against tax liens and spousal claims.