In an increasingly litigious society, you don't have to be a multi-millionaire to be sued. There are more than a million lawyers in the United States and they file 70,000 lawsuits a day. Our civil justice system is evolving into a huge get-rich-quick game – a new national pastime played 20 million times a year by a growing army of "victims" and their increasingly predatory attorneys.

Are you a target for a lawsuit? You may not think so and often you would be wrong. If you have non-exempt assets, or a small business, you probably are a target.

Ironically, asset protection is often more important to the moderately wealthy than the substantially wealthy. Consider that if you have $1,000,000 in assets and lose $900,000 in a lawsuit, the result can be catastrophic. You may no longer be able to retire and the financial security you worked so hard to build will have been destroyed. By contrast, the extremely wealthy person could pay the $900,000 without a huge impact on his security or lifestyle.

Are you likely to get sued?
The harsh reality is that many, if not most, of the 70,000 civil lawsuits filed every day in America target small business owners and persons with less than $1 million in net worth. Even if you have an LLC or Corporation for your business, you may still be vulnerable. The law firm of Vickers Kempf has focused on asset protection as a practice area for over a decade and can assist you in evaluating your risk and if necessary, establishing legal mechanisms to protect your wealth. Initial consultations are free. Strength, Experience, Focus TM Vickers Kempf, PLLC Attorneys and Counselors at Law www.northtexaslawfirm.com 817-421-3961
By Chris Vickers, JD, MBA.
© Vickers Kempf, PLLC.