Do I need Asset Protection for a Mortgage Default?

I am going to let you know up front that this is a slight rant on what I am seeing in the Asset Protection arena. Particularly with respect to planning for people who are facing a mortgage default situation. For most people this is a very scary situation and puts them in a vulnerable and fearful position. The issue I see is that some planners are recommending fully triggered Asset Protection Trusts which have a maintenance cost that is simply not appropriate for the problem being addressed.

Click here to See Doug’s Article “Should I Strategically default on My Mortgage?”