Blog Posts in 2012
Posted on May 14, 2012 By The Presser Law Firm, P.A.
Protecting your assets is not too costly. And it probably won’t take more than several hours of your time. The average family can usually gain good protection for a few thousand dollars, ...
Continue reading "How costly is a good asset protection plan?" »
Posted on May 7, 2012 By The Presser Law Firm, P.A.
Asset protection is only one financial goal. You must coordinate it with your estate planning, as well as your tax, investment and other financial goals. You want to create a comprehensive, integrated ...
Continue reading "How can asset protection improve your other financial objectives?" »
Posted on Apr 30, 2012 By The Presser Law Firm, P.A.
We emphasize that we seldom suggest asset protection as a complete substitute for liability insurance. Nevertheless, certain high-risk professionals and businesses find their insurance costs ...
Continue reading "If I have a good asset protection plan, can I forego liability insurance?" »
Posted on Apr 23, 2012 By The Presser Law Firm, P.A.
The most effective way to discourage litigation is to convince a potential plaintiff that you have no exposed wealth that they can seize even if they sue and win their case. By discouraging litigation ...
Continue reading "How does asset protection discourage lawsuits?" »
Posted on Apr 16, 2012 By The Presser Law Firm, P.A.
Who can be happy about being a defendant in a major lawsuit? It can be emotionally devastating. They can spend years and hundreds of thousands of dollars – or even millions – to defend the ...
Continue reading "I imagine that a major lawsuit can cause quite a bit of stress. How do most of your clients react to litigation?" »
Posted on Apr 9, 2012 By The Presser Law Firm, P.A.
That’s another important question. When you protect your assets, you gain four big benefits. First, it will discourage lawsuits and help you to more favorably settle any pending lawsuits. ...
Continue reading "Aside from not losing your assets to lawsuits are there other benefits of asset protection planning?" »
Posted on Apr 2, 2012 By The Presser Law Firm, P.A.
The moral or ethical issues are another question. Some people believe it’s unethical or improper to shelter their assets from those who have a rightful claim. But these folks might then think ...
Continue reading "Given that asset protection is legal - what about the ethics or morality of preventing creditors from getting paid?" »
Posted on Mar 26, 2012 By The Presser Law Firm, P.A.
It’s not only legal but essential! What thinking person could today question the legality of asset protection planning? And who could question its necessity? Yes, there can be that troublesome ...
Continue reading "Is it legal to shield assets against lawsuits and creditors?" »
Posted on Mar 19, 2012 By The Presser Law Firm, P.A.
That’s an excellent question. Let’s put it in perspective. Liability insurance is important, but liability insurance can’t replace the other ways to protect yourself. Liability ...
Continue reading "If I have liability insurance, do I still need an asset protection plan?" »
Posted on Mar 12, 2012 By The Presser Law Firm, P.A.
If a credit card company sues you for $6000 you only have $6000 at risk. But even when you can endure the odds of being sued and the uncertainty of winning or losing, you must consider the possibility ...
Continue reading "Do most lawsuits involve small amounts of money or are they wealth threatening?" »
Posted on Mar 5, 2012 By The Presser Law Firm, P.A.
You would think so, but that’s not necessarily true. The unfortunate reality is that no matter how safe and secure we think we are, we are each exposed to liability and financial hazards, ...
Continue reading "But isn't asset protection less important for people in safe occupations?" »
Posted on Feb 27, 2012 By The Presser Law Firm, P.A.
That's a fallacy. It's true that America's wealthiest families were traditionally 'the deep pocket' defendants who were most concerned about shielding their wealth. The social ...
Continue reading "Isn't Asset Protection only for the Wealthy?" »
Posted on Feb 20, 2012 By The Presser Law Firm, P.A.
With so many lawyers around, it is inevitable that there are so many lawsuits. The thought of nearly a million lawyers running around searching for their next victim endangers anyone with significant ...
Continue reading "Are all lawyers bad?" »
Posted on Feb 13, 2012 By The Presser Law Firm, P.A.
It has reached epidemic proportion. About 50 million lawsuits are filed every year. Statistically, each American will be sued five times over their lifetime. And this doesn’t include all the ...
Continue reading "How bad is the litigation problem in America?" »
Posted on Feb 6, 2012 By The Presser Law Firm, P.A.
Asset protection is simply adopting a range of strategies to title your home, savings, real property, business and other assets in a manner that legally shields them against lawsuits and other claims. ...
Continue reading "What is 'Asset Protection'?" »
Posted on Jan 30, 2012 By The Presser Law Firm, P.A.
The answer is obvious. We live in a lawsuit-crazy, financially risky world; where too many people unexpectedly lose their assets. More and more families, individuals and businesses are sued each year. ...
Continue reading "Why is Asset Protection so important today?" »