DoctorEvery year millions of people are sued. It is estimated that a new lawsuit is filed every 30 seconds in the U.S., and there are over 100 million lawsuits currently in the court system. Some survive these lawsuits, however, many do not. Some lose everything, including their homes, businesses, and retirement savings. It is a tragedy to see people left bankrupt as a result of a lawsuit, especially when these tragedies could have been avoided if these people were structured properly. With the number of lawsuits and the size of judgments on the rise, it is vital to have your professional and personal assets structured for lawsuit protection. The American Society for Asset Protection teaches professionals how to protect 100% of their assets from lawsuits. The strategies we teach also prevent lawsuits by teaching professionals how to make themselves so unattractive to a plaintiff attorney that they will never pursue a lawsuit against them. Once your assets are properly structured, you will have financial peace of mind that comes from knowing that you are protected from losing in a lawsuit what you have worked a lifetime to create. The following are a few of the items that can develop into a lawsuit:

Medical Malpractice

Last year, the average medical malpractice award was $5,051,428 (Verdict Search).

Premises Liability

Last year, premises liability cases produced a mean award of $1,990,686 (Verdict Search).

Car Accident

If an employee gets in a car accident picking up lunch for the office, the business owner could be held liable for millions (Ritter v. Stanton).

Insufficient Security

Owner responsible for $6.6 million to wife of man shot in front of business for insufficient security (Gutierrez v. Trammell Crow Central Texas Ltd.).

Wrongful Termination

Employee awarded $4 million for wrongful termination (T. Bonds v. Flagship Resort Development, Inc.).

Product Liability

Business responsible for $8.6 million when product injured school child (Andrew v. Lower Kuskokwim School District).

Harassment and Bias

Employee awarded $2.2 million for gender bias and sexual harassment (Sumner v. Merrill Lynch, Pierce, Fenner & Smith, Inc.).

Racial joke by employee costs employer $1,035,612 (Swinton v. Potomac, Inc.).

Judgment Not
Covered by Insurance

$1.5 million judgment exceeded $300,000 insurance coverage, leaving owner liable for $1.2 million (Jones v. Grewe).

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