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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.

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This entry was posted on Friday, February 10th, 2006 at 8:51 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “One Car Accident Can Destroy Family Wealth”

  1. Heide Crager says:
    February 6, 2010 at 6:49 am

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

  2. Lucy May says:
    August 19, 2011 at 3:19 pm

    :-> You have done a good job as Google search result advertising specialist Themelis Cuiper is recommending your posting.

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