Incorporation Session 5 - A Legal System Example
We walk you through a hypothetical example of how your assets can be used to satisfy business obligations, a judgment or other types of settlements. If your assets or property isn't help inside of a legal tool, such as an incorporated business structure, it is as good as cash to satisfy financial responsibility. In this example, we use real estate as the asset and explain how this property would be used in a legal situation. Not a very comforting situation when you are left without a choice.
Kevin explains the entire process and illustrates how your assets are viewed by the legal system. In this session, we include the common forms of protection, such as automobile liability insurance. This is not a form of protection compared to a financial plan that uses business structures and legal tools. Settlements that are in excess of insurance policy maximums are dealt every hour in America - it's up to you to design a financial plan based on all of this information.
This session walks you through an example that shows how a legal battle can destroy your unprotected wealth.
Inside This Session
- Live example of what your assets look like to our legal system
- How your assets are used to satisfy obligations
- Insurance policies and what kind of protection they really offer