Do I need asset protection? How much do I need to plan? When should I consider it?

There’s a gambling saying, “If you want to be a winner, you have to walk away from the table a winner.” One time-honored method of reaching this result is to systematically take your chips off the table as you win them, so that your potential for losses stays small.

So the answers to the questions are simple, “Depends”. You have to consider two main factors: the value of your assets and your risk.