NYC ASSET PROTECTION LAWYER
Morgan Legal Group PC
ASSET PROTECTION LAWS IN NEW YORK
WHO CAN SUE ME AND PUT MY ASSETS AT RISK?
Now that you know certain items are protected in case of a lawsuit, you need to know who can sue you and put your assets at risk.
- Your spouse
- Consumer debts
- Business partners
- Business associates
- Victims of a car accident
- Victims of an accident in your home
- Medicaid for nursing home costs
- Corporate officers or directors
- Shareholders of your business
- Customers of your business
"Our Firm Takes Pride In The Recognition We Have Received As One of the Top Industry-Leading Estate Planning Firms In New York"
HOW TO PROTECT YOUR ASSETS
important things you should know
Questions And Answers
Even if an auto accident is minor, claims against you can be substantial. You can be sued for emotional damages, physical pain or a spurious claim like whiplash. There are approximately 150,000 practicing attorneys in California. Many of them look to your assets to make a living.
Many businesses and professions carry extraordinary financial risks that insurance alone can’t protect against. Medicine is a good example. Malpractice premiums are often barely affordable. Insurance does not cover many claims. Similarly impacted are real estate developers and builders and small business owners.
Over the past decade, our attorneys have represented hundreds of physicians, real estate developers, corporate directors and officers and small business owners. We know and understand the risks your business faces, and how to best shield your assets from these risks.
Do not be fooled – even if you are innocent, that does not mean the courts are on your side. Jurors often side with the plaintiff who appears to need the funds in question rather than the defendant who they assume has money to spare.
Even a judge’s own personal feelings can put you in jeopardy.
Many of our clients believe that once a lawsuit has been filed against them, it is too late to shield assets from plaintiffs. They are happy to learn that usually there is still a lot they can do to protect their assets.