So Sue Me! How to Protect your Assets from the Lawsuit Explosion 
asked by tubi on November 1, 2006 6:37 PM
America is lawsuit crazy. We are becoming bankrupted through sky rocketing insurance premiums and ravaged by ludicrous jury awards. Nobody is safe from the million lawyers hunting their next victim.
Can you afford to lose what you have to a frivolous lawsuit? If you are in a car accident, involved in a divorce, or any type of lawsuit-no matter how insignificant it may seem-someone may attempt to leverage a huge settlement. Careful planning before problems arise places your assets securely out of reach from those who would take your hard-earned money.
So Sue Me! provides you with the sound legal financial advice to protect your assets!Arnold S. Goldstein, Ph.D., one of the country's foremost authorities in asset protection, teaches you to safeguard yourself against creditors, lawsuits, divorce, the IRS and bankruptcy.
Read this eye-opening financial primer and defend yorself against those who would rob you of your possessions, money and security.
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This book is very easy to read and provides some excellent general advice and information for readers who are unfamiliar with the topic.
However, it does not provide the detailed information needed by someone who wants to formulate their own tailored estate and/or asset protection plan even though the book implies that it does. For example, some of the 'information' relating the differences between states is outdated and/or wrong.
Read this book for fundamental information and as a wake up call for the need for protection rather than as detailed advice on how you can do it!
However, it does not provide the detailed information needed by someone who wants to formulate their own tailored estate and/or asset protection plan even though the book implies that it does. For example, some of the 'information' relating the differences between states is outdated and/or wrong.
Read this book for fundamental information and as a wake up call for the need for protection rather than as detailed advice on how you can do it!
reviewed by porsche on November 24, 2006 1:07 AM
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Author Goldstein has been an asset protection attorney for many years. His first book, Asset Protection Secrets, was a best seller. This one is for everyone: people with money; people with little assets but they don't want to lose them; young and old; married, divorced and single; savvy or naive.
These chilling words set the tone: "You just never know what a jury will do," and "Juries decide if a case has merit." He states that 93% of Americans have absolutely no lawsuit protection aside from their liability insurance--because we procrastinate and don't think it will ever happen to us.
You don't have to do anything wrong to be sued and lose. You only have to be in the wrong place at the wrong time--or come across some greedy lunatic who things he has a reason to be grieved.
Goldstein's advice and strategies show how you can protect yourself against lawsuits, divorce, creditors, the IRS and other deadly threats to your wealth and assets (money, investments, possession, businesses, etc.).
Bulging with easy-to-understand advice, the book might make you to decide TODAY is the time to start protecting your assets and no longer be non-protected.
From personal experience, I know that money and time spent now can save you a lot of both later. It is shocking that only one in five Americans have even a simple will to define their wishes.
The author ends with four important steps:
1.Commit to action: Set a goal and get started.
2.Organize your team of advisors to protect your assets, including family members, business associates, etc.--people you can trust.
3.Recruit the right professionals: your lawyer, accountant, banker, financial planner/investment advisor, insurance professional--and what criteria to use.
4.Stay proactive in maintaining financial security: Be your own counsel in addition to your advisors; learn, read, be proactive.
Armchair Interviews says: So Sue Me should scare you right into your lawyers and accountant's office, place a call to your insurance man, and generally "look over your shoulder" now that you know how easily you can lose your assets.
These chilling words set the tone: "You just never know what a jury will do," and "Juries decide if a case has merit." He states that 93% of Americans have absolutely no lawsuit protection aside from their liability insurance--because we procrastinate and don't think it will ever happen to us.
You don't have to do anything wrong to be sued and lose. You only have to be in the wrong place at the wrong time--or come across some greedy lunatic who things he has a reason to be grieved.
Goldstein's advice and strategies show how you can protect yourself against lawsuits, divorce, creditors, the IRS and other deadly threats to your wealth and assets (money, investments, possession, businesses, etc.).
Bulging with easy-to-understand advice, the book might make you to decide TODAY is the time to start protecting your assets and no longer be non-protected.
From personal experience, I know that money and time spent now can save you a lot of both later. It is shocking that only one in five Americans have even a simple will to define their wishes.
The author ends with four important steps:
1.Commit to action: Set a goal and get started.
2.Organize your team of advisors to protect your assets, including family members, business associates, etc.--people you can trust.
3.Recruit the right professionals: your lawyer, accountant, banker, financial planner/investment advisor, insurance professional--and what criteria to use.
4.Stay proactive in maintaining financial security: Be your own counsel in addition to your advisors; learn, read, be proactive.
Armchair Interviews says: So Sue Me should scare you right into your lawyers and accountant's office, place a call to your insurance man, and generally "look over your shoulder" now that you know how easily you can lose your assets.
reviewed by glenn11 on November 25, 2006 7:44 PM
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This is a book that I wish I'd had (and paid attention to) some years ago, that is, before being sued for divorce. I then had to learn what he says here through talking to attorneys (at $much per hour this is an expensive approach) and by writing my ex-wife big checks (but I got sole custody of the kid so it was worth it).
Dr. Goldstein is talking about protecting what assets you have (after divorce that may be considerably less than you had before). When your major assets have been stripped away, you still need to protect what you have left, but some of the rules change. For instance liability insurance, if you carry a million dollar liability policy and have only $10,000 in assets, this may entice a hungry attorney to sue you while if you only had $20,000 in insurance, he may go look for another target.
Dr. Goldstein is talking about protecting what assets you have (after divorce that may be considerably less than you had before). When your major assets have been stripped away, you still need to protect what you have left, but some of the rules change. For instance liability insurance, if you carry a million dollar liability policy and have only $10,000 in assets, this may entice a hungry attorney to sue you while if you only had $20,000 in insurance, he may go look for another target.
reviewed by officefan on November 26, 2006 8:34 AM