6 Ways to Protect Your Home in a Lawsuit

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Please note I didn’t say "lawsuit" but "cause of action." For example, you can’t start trying to protect your home the day after a car accident, even though the lawsuit over the accident may occur years later. Asset protection for your home needs to start now, when there’s a clear blue sky, not when the storm clouds come. 1.

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If your State allows it, you can title your personal residence as "Tenants by the Entirety," thus protecting your home in a very unique way. In a nutshell, the benefit of this protection is that if one spouse is sued, the property cannot be attached or bifurcated with a lawsuit.

6 Ways to Protect Your Home in a Lawsuit – 1BusinessWorld – For example, you can’t start trying to protect your home the day after a car accident, even though the lawsuit over the accident may occur years later. Asset protection for your home needs to start now, when there’s a clear blue sky, not when the storm clouds come.

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How To Protect Your Money From A Lawsuit – Moolanomy How to Protect Your Money from a Lawsuit. We live in a world that is becoming increasingly litigious. If you have a lot of assets prior to a marriage, this can be one way to protect yourself. Bottom Line. In many cases, you can’t completely protect all your assets from a lawsuit.

There is rarely any such thing as a predictable lawsuit, and legal action always seems to come from unexpected- sometimes unavoidable- circumstances or actions. With that being said, you need to understand the basic and practical ways to protect your small business from a potential lawsuit.

How can we protect assets after a civil lawsuit has been filed against us but before we have been served? I learned that a civil suit has been filed against us arising from a traffic accident our minor child caused.