It is estimated that the US courts receive over 40 million lawsuits every year.
We have seen many people face lawsuits and pay millions of dollars in damages. This doesn’t mean that they didn’t have an asset protection plan in place – it is just that they didn’t make it airtight.
While mistakes happen, you need to be careful not to make silly mistakes that put your assets in jeopardy. Let us look at the top mistakes that you can make and how to avoid them altogether.