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Protect YourSelf: Articles

Get Bulletproof Lawsuit Protection

Well I went to my appointment and I'm glad I did. I spoke with my accountant and someone who specialised in asset protection.

The upshot: anyone can have a go at you if you hold your assets in your name.

    How to Prevent Going to Court and Losing

Without Any Legal Structures
This is not easy but you can make it difficult for someone who would like it to be easy to sue you. Without any legal structures you can try pulling out the equity and getting a big mortgage.

With Legal Structures
Use trusts and company trustees to oversee the trust investments and activities. The company trustee chooses the beneficiaries - you're one of them. You are also the corporate trustee.

I'm not a legal eagle not am I saying you should listen to me about your special circumstances..this is my story coming out..which could be very different to what you need.

Get your own counsel for each of your investment decisions, but certainly investigate this matter. Being out of debt feels great but sopme people feel exposed and thee structures are not cheap to set up so you might like to use DEBT to scare off vultures...and of course USE INSURANCE TOO!

Bulletproof Lawsuit Protection

Protect YourSelf: Articles

Well I went to my appointment and I'm glad I did. I spoke with my accountant and someone who specialised in asset protection.

The upshot: anyone can have a go at you if you hold your assets in your name.

    How to Prevent Going to Court and Losing

Without any legal structures
This is not easy but you can make it difficult for someone who would like it to be easy to sue you. Without any legal structures you can try pulling out the equity and getting a big mortgage.

With legal structures
Use trusts and company trustees to oversee the trust investments and activities. The company trustee chooses the beneficiaries - you're one of them. You are also the corporate trustee.

I'm not a legal eagle not am I saying you should listen to me about your special circumstances..this is my story coming out..which could be very different to what you need.

Get your own counsel for each of your investment decisions, but certainly investigate this matter. Being out of debt feels great but sopme people feel exposed and thee structures are not cheap to set up so you might like to use DEBT to scare off vultures...and of course USE INSURANCE TOO!

Bulletproof Lawsuit Protection

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