One Car Accident Can Destroy Family Wealth

  • Choose the maximum limits on your auto and homeowners’ insurance.
  • Sit down with an experienced insurance agent to set the right level of business insurance, whether or not you have a corporation.
  • Buy a Personal Umbrella Insurance Policy with a limit at least equal to your net worth.
  • Place non-personal use assets (not your house or car, things like your investment account and rental properties) into an Asset Protection Vehicle like a Wyoming Closely Held Limited Liability Company, an Alaska Asset Protection Trust or a Delaware Series Limited Liability Company.

One Response to “One Car Accident Can Destroy Family Wealth”

  1. Heide Crager says:

    Hi. Very nice Post. Not really what i have searched over Google, but thanks for the information.

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