Description

In the United States frivolous lawsuits are filed yearly.

Let’s face it more Americans today are not established to defend themselves.

There is a 95% probability of being sued by a malicious creditor if your net worth is 1 million and above. In today’s America, everyone may be at risk of being sued. The best advice is to protect yourself. It is not a question of if it is, but when.  Physicians have the most need to protect their assets and should take advantage of all lawful protection measures. Doctors and surgeons are viewed as “deep pocket defendants” and are more likely to be sued than any other profession. There are few jurisdictions and suffering judgement caps. Insurance carriers can deny claims. 25% of all pain and suffering lawsuits are frivolous. Surgeons are four times more likely to be sued than any other doctor. Malpractice lawsuits are on the rise with steep increases. Any lawsuit brings with it a chance of losing.  According to a survey by the American Medical Association in 2007 and 2008, out of 100 physicians polled, 95 of them had been in at least one lawsuit.  Physicians have a greater need for asset protection tools simply because of the nature of their business. Any other professional with a 95% success record would probably get rewarded; however, a doctor isn’t that fortunate.

Disclaimer:

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call is not intended to constitute legal advice or as a substitute for obtaining legal advice. Our goal is to gather information in order to gain more of an understanding to further assist you. Our consultation on this call does not constitute tax, insurance, banking, or legal advice. We do not represent any individuals before the IRS Treasury or any other government agency. As a client, you will be screened to assure public safety. We are not assisting anyone who is out of compliance with the local city and state ordinances department.

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