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Lawsuits Against You

Lawsuits Against You - AssetProtection.comPersonal reasons to protect yourself

We design, implement, consult and service asset protected Limited Liability Companies, Asset Protection Trusts, Family Limited Partnerships and estate planning entities. We do not just form entities. We plan with you, the best way to structure an asset protection and estate plan for you. All of our Limited Liability Companies, Family Limited Partnerships, trusts and Asset Protection Trusts come with the forms and paperwork needed to provide the estate planning and asset protection planning you need.

Why Protect Yourself?

If you lose your assets – your accounts, cash, cars, real estate, small business, income,- you lose your family’s financial lifestyle and security. Would you want to be forced out of your home, pack up your family and wave goodbye to your friends and the neighborhood where your children are growing up?

Asset protection allows you to maintain your lifestyle for you and your family.

Asset protection provides you peace of mind that your nest egg will still be there when you retire and need it.

Asset protection protects you from harm. It keeps financial predators away. It will prevent or discourage lawsuits. Lawyers get 40% of what they can take from you by way of judgment. If you have no exposed assets, lawyers and their clients gain no financial advantage by suing you.

Asset protection can prevent all your assets from being taken from you by expensive nursing home care when you are elderly.

You have spent a lifetime getting to where you financially are now. Do you want some greedy attorney walking off with your family’s future?

What Could I Possibly Be Sued For?

  • Personal lawsuits can be for many reasons. Here are just a few.
  • Divorce
  • Children suing parents
  • Parents suing children
  • Lawsuits from business partners
  • Creditor’s claims
  • Accidental injury caused by a family member
  • Pregnancy (your son gets a girl pregnant)
  • Personal injury caused by a drinking guest
  • Personal injury caused by your teenager driver hitting another car
  • Personal injury when a guest slips and falls down
  • Neighbor disputes
  • Homeowner association disagreements
  • Personal guarantees
  • Willful, harmful acts which are not covered by insurance
  • Libel and slander
  • Excessive judgments on automobile accidents

Employment lawsuits arising from:

  • Age discrimination
  • Racial discrimination
  • Gender discrimination
  • Religious discrimination
  • Pregnancy discrimination
  • Disability discrimination
  • Mental illness discrimination
  • Addiction discrimination
  • Sexual harassment
  • Peer harassment
  • Gossip among employees
  • Job references (good or bad)
  • Whistle blowing
  • Retaliation
  • Wrongful termination
  • Negligent employee retention
  • Releasing medical information
  • Unequal mental vs. physical health coverage
  • Employee injury from chemical exposure

Professional Malpractice lawsuits arising from:

  • Medical malpractice.
  • Legal malpractice.
  • Psychological malpractice.
  • Engineering malpractice.
  • Architectural malpractice.
  • And much more.
  • Business Liability lawsuits arising from
  • Environmental cleanup liability
  • Product liability
  • Shareholder liability
  • Securities fraud
  • Liability of outside directors
  • Liability from unsatisfied customers
  • Personal injury when a customer drinks too much and hurts someone
  • Personal injury when a customer slips and falls.
  • And much more.

How Do We Protect You?

For your brokerage and other accounts: an asset- protected LLC  and/or family limited partnership.

Neutral taxation

100% protection from  lawsuits and creditors or any other financial attack.

For your home: an asset-protected family limited partnership.

strips the exposed equity from the home so no lien can be placed on your equity

For your rental property: an asset-protected LLC.

properties deed transferred into the LLC

Fast, convenient. We form  it, transfer assets into it, service it and consult with you. Discover how easy it is to asset protect your home, bank accounts, real estate, business, and stocks/mutual funds.

1. You hold assets in your own name: 

You have no asset protection and are vulnerable to attack by any creditor or lawyer wanting to file a lawsuit against you.  A judgment creditor can swoop in easily and attach  any assets you have.

2. You do NOT hold title to your assets in your own name: 

Your Family Limited Partnership holds title but as general partner you control everything.  It is no longer easy for creditors to discover what you own and it is very difficult, if not impossible for them to break through. 

If you want even more privacy and anonymity, we can assign your Nevada or offshore corporation as the general partner. You can also use more than one Family Limited Partnership. This way you can segregate safe assets like bank accounts, from risky assets like investment real estate, boats, and planes.

Example:

LLC Combined With FLP and Revocable Trust

We form for you an asset-protected Nevada LLC with to hold risky assets like real estate or to run your business privately. Our Nevada LLC is the strongest out there, with a 100-page operating agreement designed specifically to take full advantage of every one of Nevada's asset protection laws. Guaranteed to stand up to any creditor or attacking attorney.

We form for you an FLP to protect your personal assets and to work with the LLC in a specific way.

We structure everything so that everything flows through your revocable trust for all assets to pass easily to heirs.

The FLP will hold safe assets like bank accounts, and we will prepare for you an equity stripping lien with consideration, for the FLP to place on your home to secure its equity.

Do it yourself asset protection

For information on do it yourself asset protection please click here.

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