Lawsuits are filed for all sorts of reasons. Some are justified, some are frivolous and meant to shake down a settlement. Unexpected things also happen, and sometimes they lead to suits. And people who are perceived as having assets are easy targets to blame . . . and sue.
So how do you hedge the bet? Do some common sense things to protect your assets. They won’t protect themselves.
I can wait, right? Waiting for something to happen or for a lawsuit to be filed against you before acting is locking the barn door after the proverbial horse is out. Waiting for a judgment before acting is like locking that barn door after the horse is glue. Read more