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Liability insurance. An irrevocable trust made with the help of an attorney.
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∙ 16y ago
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Do you need malpractice insurance for consulting?
Probably, because you want to protect your business assets (and possibly your personal assets, depending on how & where your business is formed) and provide defense benefits if you are presented with a claim or lawsuit.
In Tennessee are your assets frozen as soon as a lawsuit is filed?
Your assets are not frozen as soon as a lawsuit is filed. However, the summons you are served will advise no to use the disputed assets until the case is over.
What is considered assets in a lawsuit?
Assets are generally regarded as anything of value. Thus, in a lawsuit people tend to sue for the other person's assets, including money, real estate, etc...
In Wisconsin are your assets frozen as soon as a lawsuit is filed?
No. They aren't.
If a husband is sued how can the wife protect the family assets?
One way the wife can protect family assets is by ensuring that assets are held in her name only or in a trust that she controls. It may also be advisable for the husband to transfer assets to the wife before any legal action is taken, while keeping in mind the legality and implications of such transfers. Seeking legal advice is crucial to determine the best course of action based on the specific circumstances of the lawsuit.
What should be included in a financial plan to protect assets?
A financial plan should include steps to alleviate debt in order to protect assets. The financial plan should also defined assets according to their importance to the company.
What if you lose a law suit and you are broke?
If you have lost a lawsuit, and you have no income and no assets, you might want to investigate the possibility of bankruptcy.
Which section of a security policy will help protect your organization from lawsuit?
Due care
How can a man protect assets in a divorce in Indiana?
Once the divorce has commenced it's too late to protect assets. That sort of planning must be done well ahead of time.
Who needs liability insurance?
Anyone who has a job and assets to protect.
What is the best way to protect assets from creditors?
Move to Texas and put your money into exempt assets; e.g., a homestead, retirement assets, life insurance, annuities . . . .
The main role of the public relations staff is to foster and protect a company's what assets?
the main role of the public relations staff is to foster and protect a company,s blank assets
