Beware of Other Financial DangersA lawsuit is only one way to lose your wealth; however, it is not the only way. Life is a financial minefield - danger lurks in every step.
Divorce is one form of a lawsuit. You can be happily married today; still you may someday divorce. You may go through several divorces. What would you lose in divorce? How can you prepare yourself financially for your next divorce?
Two million Americans will go bankrupt this year and most lose everything they own. Few could forsee their financial problems and they didn't have the opportunity to protect themselves once they ran into financial difficulty. Unexpected events occur - job loss, unexpected medical bills, etc...You're victimized by a bad business deal.
What does it matter whether one litigant sues you for $100,000 or twenty sue you for $5,000 each? Your assets are still in jeopardy for $100,000. So protect yourself against creditor claims and the possibility you may file bankruptcy. You can legally and safely fortify your assets to lose little or nothing in bankruptcy.
It's easy to get into trouble with the Internal Revenue Service. Millions
of taxpayers have huge bills. What would
you lose if the tax collector knocked on
There are only some of the dangers that can occur - others are out there. The financial minefield continues to expand and it is up to you to be proactive. Think defensively. Think realistically. As yourself " when, not whether, will I encounter financial danger?" You must be prepapred!
Yes, You Can Lose Everything!
You may think that your wealth is safe and that you don't need protection. But don't delude yourself and accept reality — for every 60 minutes you spend making money, spend 60 seconds thinking about how to protect it!