How High-Net-Worth Individuals Can Protect Their Assets from Lawsuits

Rachel WinslowHomeowners Insurance, Risk Management

High-net-worth individuals face a greater risk of being sued, especially when unemployment is high and economic growth is tenuous. According to a survey by ACE Private Risk Services, 80% of households with $5 million or more in assets believe their wealth makes them a target for lawsuits. These are real fears. Under the doctrine of joint and several liability, any … Read More