Well established business owner is looking to safeguard assets from potential lawsuits. More than 50% of my revenue comes from paid advertising. My concern is one of my employees would make a mistake with one of our advertisers that they look to collect from me personally. My business entity is an S corporation. The claim could be for negligence, failure to act , failure to supervise, etc... I do have various forms of insurance already in place. However I was looking something more that I can do. Put the money in a life insurance policy, set up a trust etc... Need to be sure that whatever happens with my company that this money can not be taken from me under any circumstances.
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