|
Every three seconds another American is sued. We live in the most litigious society on Earth.
Many claims are frivolous and without merit, brought only to harass and squeeze settlement
dollars out of an innocent party. In this environment, it is prudent to protect your assets
ahead of time. Once you have been sued, the courts disapprove of moving or protecting assets.
Incorporating and asset protection go hand-in-hand. If you are in business or hold real estate
or other assets, you need to form a corporation, LLC or LP to protect yourself and your family
from the tens of thousands of lawsuits brought every year. Incorporating can also provide tax
savings and privacy benefits. |