cover image Protecting What's Yours: How to Safeguard Your Assets and Maintain Your Personal Wealth

Protecting What's Yours: How to Safeguard Your Assets and Maintain Your Personal Wealth

Andrew Westhem. Carol Publishing Corporation, $18.95 (262pp) ISBN 978-1-55972-258-2

Westhem (Winning the Wealth Game) and Korn (Your Money or Your Life) here review life's pecuniary problems and offer wise counsel on how to overcome them. After covering investment basics, they address an array of human perils and counter-measures: burglary (good locks and lighting), expensive illness (proper medical insurance), carjacking (keep driving). ``Effective entertaining is absolutely necessary,'' we're advised in a chapter on self-employment, and elsewhere, more soberly, ``You could lose everything you own,'' on the need for liability insurance. Other vital topics include prenuptial agreements (recommended), divorces, business partnerships and lawsuits. Estate planning gets special treatment: one option suggested is a three-generational trust that is ``genuinely safe'' from counter-claims. Readers will get their money's worth from this guide. (Dec.)