Cover Your Assets: How to Safeguard Yourself, Your Family, and Your Business in the Litigation Jungle ANNOTATION
In a clear, reader-friendly style, America's foremost expert on asset protection tells how to protect yourself from ruinous lawsuits. Action checklists in each chapter give step-by-step advice without legal jargon.
FROM THE PUBLISHER
America's foremost expert on financial protection tells how to protect yourself from ruinous lawsuits. "Jay Mitton's financial protection plan is a must for anyone who wants to keep [his wealth]."—Robert Allen, author of Creating Wealth.
FROM THE CRITICS
Library Journal
The authors, an attorney and a CPA, believe that through simple mistakes, commonplace activities, and acts of goodwill, nearly all of us are at risk of being sued. They tick off a number of situations that might create liabilityjoint ownership, volunteering, acts of children, giving advice, serving as an officer of a company, and being an employer, to name a few. In each case they document the risks with illustrative examples from court cases or client files. They also discuss legal principles and strategies for protecting assets. Each section provides an "action checklist" of things to do to avoid liability. There is particularly detailed coverage of the risks involved in business ownership and good explanations of the advantages of incorporating and forming limited partnerships. The critical but sometimes limited role that insurance plays in shielding assets is discussed. End notes providing citations to court cases interpreting the law are a worthwhile addition. This is a good place to start for readers concerned about potential liability. Recommended where there is an interest.Joan Pedzich, Harris, Beach & Wilcox, Rochester, N.Y.
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