Here’s a sobering fact: almost every day, between 50,000 to 60,000 lawsuits are filed in the United States! Yes, you read it accurately. Do you think all of these lawsuits have merit? Common sense tells you the answer is, of course, no. But does that make any difference if the person sued is you or your loved one and has to spend thousands of dollars on legal fees, court costs, potential damages – not including years wasted in frustration and hassle typically associated with a litigation?
Just like many of our clients, you wear many hats which could expose you to liability: as a parent of a child who causes injury or damage while driving a car you own or insure; as an owner of commercial or residential property in which an “injured” tenant decides to sue the landlord (you); as an employer sued by your employee for harassment, fraud, unlawful termination, age or sex bias, or some other perceived “injury”; as a homeowner sued for an injury that occurs in your house; as a host serving alcohol to a guest who leaves your home and operates a motor vehicle under the influence. And so on, with lots of hungry lawyers eager to represent the “injured” plaintiffs on a contingent fee basis. Whether you’re going to win or lose, you’ve lost simply because you would have to spend thousands on legal fees. Why not plan smart and protect yourself? The highest level of risk typically falls on those who think they are immune. The more success you have as a professional or business person (especially in business, licensed professional practices (such as dental, law, or physician) or real estate activities), the more at risk you are as others see your success grow right now.
That’s where we come in. At Lexern Law Group, we assist our clients in determining the appropriate level of asset protection planning for their particular circumstances. We don’t believe that asset protection is just about avoiding lawsuits. The goal of the estate and asset protection planning is to plan properly in advance to legally safeguard your property and wealth against any undesirable and avoidable diversion of funds or loss of assets – whether due to your malpractice claims, the IRS, a divorcing spouse, a spendthrift child, the government, the courts, or the beneficiaries disputes.