Today's Litigious Society
The
rules of civil procedure, which govern how lawsuits proceed through the
legal system, went through major changes in the late 1930’s. These
changes allow lawsuits to proceed despite defects in the
pleadings. These rule changes were meant to allow legitimate
lawsuits to proceed despite any minor defects. However, the
end
result was that anybody can file a lawsuit on vague grounds or pursue a
witch hunt in the hopes of striking it rich. Each year millions of
dollars are unnecessarily lost due to our lawsuit
unpreparedness.
Never in the history of the United States have there been so many
lawsuits. Business owners and professionals constantly run
the
risk of being hit with lawsuits as a result of good faith efforts to be
of service to other people. In today’s litigious society, one
must be prepared. Insurance has traditionally been the
primary
line of defense against legal attacks. However, this line of defense is
no longer adequate by itself. The prudent person must look to
other means. The answer is total asset protection.
Establishing an asset protection plan that will stand up to the
scrutiny of a court of law is a complex and challenging task.
The
plan must not only be correctly designed but also must be correctly
implemented. Despite what type of asset protection plan is right for
you; whether it be a limited partnership, family limited partnership,
LLC, trust, or corporation, we will guide you in structuring your plan
and ensure you receive the maximum asset protection benefits possible. |