Responding to a Lawsuit, the Super Rich Way

05/06/2024 17 min Episodio 54
Responding to a Lawsuit, the Super Rich Way

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Episode Synopsis

Our topic for the latest installment of Your Money & A Cup of Joe is how to respond to a lawsuit if you’re sued, which is an area of concern for many affluent individuals and families with significant wealth. In this conversation, we’re looking at asset protection planning, what to do if you’re sued, and the types of professionals you may want on your team.This episode is packed with some helpful takeaways, so get your notepad ready!Chapters:0:00 - Introduction and overview on the topic of the show1:18 - The U.S. is one of the most litigious nations in the world2:28 - People aren't necessarily as prepared for a lawsuit as they could be4:08 - Steps you can be taking to defuse any litigious situations5:10 - What you should look for in a litigation problem-solver6:42 - How might a team of professionals should operate if you are sued8:40 - Working out a favorable deal9:58 - How asset protection plans can keep people from suing you in the first place12:31 - The best way to find a team of trusted professionals should they need them14:09 - How to get in touch with Joe and his team14:56 - Closing remarks