Trust or not to Trust
I'm buying an RV that I will fulltime in. I went to my attorney and talked to him about a trust. I wanted the trust for asset protection in case I'm sued. He didn't think I needed one for that. I g...
Forum Discussion
sflabrkr wrote:
Here's my problem, I'm an A/C tech and we're retiring in about 2 years.
If I'm working on your 10th floor condo and I break a water pipe you could have $50,000,000 in damage till I shut it off.
I only carry $1,000,000 insurance.
I would not want to lose my home also.
Real life is, anyone can sue for anything. You can't stop that.
Real life is, with a good lawyer and enough money, you can get out of almost anything.
If you are "bonded", doesn't that protect you being personally sued?... well, there again, anyone can sue, but if "bonded" they can't get very far against you personally. Are you "bonded" against such events?
