Protect Your Assets – The Hidden Danger of Lawsuits

 Protect Your Assets – The Hidden Danger of Lawsuits

From the desk of Michael Mick Webster

Dear Client’s,

I hope this message finds you well. Today, I want to address a critical but often overlooked aspect of business and personal finance in the United States—legal protection from frivolous lawsuits.

While many may think that asset protection is something only high-net-worth individuals or large corporations need to worry about, the truth is that anyone can become a target. And the risk of being sued is higher in the U.S. than in most other developed nations.

In countries like England or Canada, the person who loses a lawsuit is generally responsible for their own legal fees—and those of the winning party. This discourages frivolous claims. But in the U.S., we operate under a “win or lose, you pay your own legal fees” system. This creates a unique environment where anyone—regardless of wealth—can be sued at any time, often with little more than the hope of a quick settlement.

The result? Opportunists targeting everyday entrepreneurs, investors, and individuals who have assets they may want to pursue. If someone thinks they can win a payout or settlement from you, they’re more likely to take a shot—even if their claim is without merit. In fact, the U.S. has 75% of the world’s lawyers, yet only 5% of the population. This litigious environment fosters a constant risk of lawsuits.

But here's the good news: You can significantly reduce your exposure to such risks with a well-structured asset protection plan. Attorneys and litigators tend to steer clear of individuals who have taken proactive steps to shield their assets. Why? Because having the right protections in place makes it more difficult—and costly—for anyone to target you.

This is why, more than ever, creating a legal wall between your personal or business assets and potential litigators is not just a good idea—it’s essential. And like any type of security, the best time to act is before a threat arises. Once you’re in the midst of a lawsuit, it’s often too late to put the necessary protections in place.

If you value your hard-earned success, now is the time to ensure it’s properly protected. As someone who already takes action in all areas of life, you understand that the sooner you act, the stronger your defense will be when the unexpected happens.

Let’s talk about how we can structure your assets and provide the legal safeguards you need to stay safe from litigation.

Stay ahead of the curve—and keep your peace of mind intact.

Sincerely,
Michael Mick Webster
Business Consultant

949 697-5676