how you properly "structure" your assets to be able to walk away from something like this?
Most of the La Jolla kind professionals (doctors, lawyers, businessmen etc.,) have a Corporation (regular, professional, S corp, LLC etc,) Most of the assets can then be held by the corporation. Another option is to set up Trusts to hold assets. That way, they can remain "Asset Lite" and reduce legal liability. It can probably be inverted too i.e. the house is held by a "Asset Lite" Corporation. There are probably a million ways to keep your money safe when one is rich.
