Asset Protection for Those Starting Out

[Stuart Udis]

I continue to hear from investors who want opinions on elaborate webs of entities yet fail to  establish appropriate risk management procedures. I would say no more than 1 out of 6-7 people I speak with execute contracts or collect insurance certificates from 3rd party service providers. I am curious why there is so much resistance to taking these steps? Is it cost? Time? Lack of understanding? Interested in hearing other's perspectives on this subject.