With Peace of Mind Retirement Planning, you can make sure you're taken care of in your golden years. Income protection in California is especially important for business owners. A business can be sued for a variety of reasons, including accidents on company property, wrongful termination of employees, and violation of environmental laws. If the business is sued, the creditors may be able to go after the business owner's personal assets to recover the money they paid out. Income protection legally insulates assets without engaging in the illegal practices of concealment, contempt, fraudulent transfer, tax evasion, or bankruptcy fraud. As an income protection plan is designed to protect a person's income from creditors' claims by restricting access to certain types of property, it will not be subject to creditor claims under state and federal laws that prohibit such practices as fraudulent transfers and tax evasion. Contact us for more information.