Have you just been sued or are about to be? Have you accumulated substantial wealth and are concerned about losing it? Have you been told by your professional advisors that it is too late to do anything about it because of something called the Fraudulent Transfer rules? Let me tell you, there are always some things that can be done to help your position…but go see an expert. Let me give you an example. If you are the beneficiary of your spouse’s life insurance policy or IRA, get the beneficiary designation changed. This is not a fraudulent transfer. Why do this? Because if you get a judgment against you and the beneficiary designation is not changed guess what…upon your spouse’s death the money goes right from her to you to your creditors. You would feel pretty stupid if that happened. So, there are many things that can be done. In any event, don’t you want an expert’s professional advice on what assets are subject to being grabbed by your creditors and what assets are already protected.