Safeguarding Your Assets From Lawsuits and Claims
Asset Protection
Asset protection consists of utilizing structures to construct a multilayer approach to protect wealth. It is legal and can be effective when in place before a claim or lawsuit arises. Any number of unexpected events could potentially lead to a lawsuit being filed against you:
A repair person could be injured while working on your home.
A disgruntled employee could file a civil suit against you.
Your teenage driver caused a devastating auto accident.
The beloved family dog could bite someone and cause injury.
These are all unpredictable events that could lead to a lawsuit, which could seriously impact your financial stability. If you are sued, an asset protection plan could be extremely beneficial in protecting your personal assets.