It has been estimated that 50,000 lawsuits are filed in this country every day of the week. This has come to be known as the "litigation explosion". You can be sued by anyone, at anytime, for anything. If you are engaged in any business activity chances are that sooner or later you will be sued. And if you are sued, everything that you have worked hard to create will be placed in jeopardy. The costs of defending even a frivolous law suit can easily reach $50,000 to $100,000. It is not uncommon for awards in negligence cases to exceed $1,000,000.
The Alternative is to protect Yourself!
In today's litigious culture the risk of "losing it all" has reached unprecedented levels. Asset protection is no longer "just for the rich". It is simply a necessity for anyone who has even moderate assets.