How unsafe is it for spouses to own their investments (savings, CDs, stocks, bonds, mutual funds, etc) in their individual names?

Obviously, it's the most dangerous way to title these important assets. Yet many people who own considerable investments do title their accounts in their individual names. Or the spouses may own their investments jointly. But either form of ownership leaves these assets unprotected. You never want to keep these assets in your own name. They should always be titled to a protective entity unless they are exempt or protected by state or federal law.