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Most physicians will face a lawsuit at some point in their careers. Thousands of them are filed every year. According to a Medscape report from 2017, 87 percent of physicians say that they were surprised by their lawsuit. When a lawsuit comes, it will likely be unexpected. You should prepare for it now. A physician…
It has been said that there are only two guarantees in life: death and taxes. Unfortunately, there is a third promise. You can be sued by creditors if you are in default on your debt. They can take money from your salary and even from your bank account! But what if you are underemployed, unemployed,…
Worrying about a possible pending judgment can keep you up at night worried sick about what your future holds. The uncertainty of not knowing if your money will be accessible in the morning can be very stressful. Here are a few things for you to know to protect yourself. Creditors cannot take more than 25%…
Are you thinking about setting up a living trust? Revocable living trusts have many benefits over wills, such as avoiding probate after death and helping to keep your property and your personal information private and protected from court challenges. Here are four reasons you should set up a revocable living trust. It’s Not Just for…
It is not unheard of that a couple be married for twenty+ years, and still end up divorced. Life circumstances change, and asset protection needs to evolve right along with your marriage. That is why there has been a rise in post-nuptial agreements. A post-nuptial agreement is similar to a prenuptial agreement, in that it…
Misconceptions about revocable living trusts abound, which is why it is so important to get professional help when setting one up. Here are three common mistakes people make when setting up a living trust. Not Acclimating Trustees After setting up your living trust and funding it properly, you need to make sure that the people…
A lawsuit of any size can negatively affect a defendant who finds themselves ordered by a court to pay a debt to a creditor or plaintiff. You could be the average person who lost a small claims court case to a former friend. Another scenario could be the well-off small business owner slapped with a…
Are you faced with a court case and wondering if there is an alternative to paying a licensed attorney of law to represent you? Have you ever considered representing yourself? If so, here are the answers to some frequently asked questions about pro-se litigation. What is pro-se litigation? The word pro-se is Latin, and means…
What happens if you are served a complaint and summons from a competitor, vendor, or client? Or the IRS puts you on notice of back taxes owed? Or changes in regulations and enforcement make you vulnerable? Or if you are personally exposed to an unforeseen loss from an LLC? Do you have a defense or…