Comments on: Protecting Your Ass(ets) Should You End Up In Court http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 20 Nov 2009 19:56:44 -0800 http://wordpress.org/?v=abc hourly 1 By: Jerry http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-160545 Jerry Fri, 26 Oct 2007 02:53:12 +0000 http://allfinancialmatters.com/?p=2081#comment-160545 This kind of lawsuit is a disgrace, and these kinds of situations lead people to paint the legal and insurance industries in such a poor light. I hope that it all worked out in your favor, despite the headache of having to deal with it all! Jerry www.leads4insurance.com This kind of lawsuit is a disgrace, and these kinds of situations lead people to paint the legal and insurance industries in such a poor light. I hope that it all worked out in your favor, despite the headache of having to deal with it all!
Jerry
http://www.leads4insurance.com

]]> By: » Weekly Roundup - Adding Injury to Insult Edition @ fivecentnickel.com http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-156420 » Weekly Roundup - Adding Injury to Insult Edition @ fivecentnickel.com Mon, 22 Oct 2007 02:32:33 +0000 http://allfinancialmatters.com/?p=2081#comment-156420 [...] JLP talked about protecting your assets in court. [...] [...] JLP talked about protecting your assets in court. [...]

]]> By: Weekend Update: PF101 Edition ∞ Get Rich Slowly http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-156129 Weekend Update: PF101 Edition ∞ Get Rich Slowly Sun, 21 Oct 2007 16:05:37 +0000 http://allfinancialmatters.com/?p=2081#comment-156129 [...] JLP at All Financial Matters has some advice on protecting your assets should you end up in court. [...] [...] JLP at All Financial Matters has some advice on protecting your assets should you end up in court. [...]

]]> By: Weekend Update: PF101 Edition ∞ Get Rich Slowly http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-156128 Weekend Update: PF101 Edition ∞ Get Rich Slowly Sun, 21 Oct 2007 16:05:37 +0000 http://allfinancialmatters.com/?p=2081#comment-156128 [...] JLP at All Financial Matters has some advice on protecting your assets should you end up in court. [...] [...] JLP at All Financial Matters has some advice on protecting your assets should you end up in court. [...]

]]> By: Roundup for week of 15 October 2007: Cheesy Chuck edition at Mighty Bargain Hunter http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-155745 Roundup for week of 15 October 2007: Cheesy Chuck edition at Mighty Bargain Hunter Sun, 21 Oct 2007 01:55:31 +0000 http://allfinancialmatters.com/?p=2081#comment-155745 [...] All Financial Matters reports on five tips on protecting your assets should you end up in court. [...] [...] All Financial Matters reports on five tips on protecting your assets should you end up in court. [...]

]]> By: insurance » Protecting Your Ass(ets) Should You End Up In Court http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-154611 insurance » Protecting Your Ass(ets) Should You End Up In Court Thu, 18 Oct 2007 15:50:10 +0000 http://allfinancialmatters.com/?p=2081#comment-154611 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

]]> By: lawyer » Protecting Your Ass(ets) Should You End Up In Court http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-154498 lawyer » Protecting Your Ass(ets) Should You End Up In Court Thu, 18 Oct 2007 06:37:19 +0000 http://allfinancialmatters.com/?p=2081#comment-154498 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

]]> By: attorney » Protecting Your Ass(ets) Should You End Up In Court http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-154496 attorney » Protecting Your Ass(ets) Should You End Up In Court Thu, 18 Oct 2007 06:34:37 +0000 http://allfinancialmatters.com/?p=2081#comment-154496 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

]]> By: Neith http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-154458 Neith Thu, 18 Oct 2007 03:19:29 +0000 http://allfinancialmatters.com/?p=2081#comment-154458 My husband was just in a car accident where he really was injured - broken arm. The break is particularly nasty, in that it is actually up in the elbow joint, so it has affected his movement - that is, he will never regain full movement of his right arm. not good. At the scene, the poor kid who hit him was completely out of it - much more injured than hubby was. He was in NO shape to take pictures of any sort (though we did). In this case, the officers on the scene ticketed him, but, as far as I know, they did not take any photos of the scene. There was an accident report, though. The accident report included the officer's account, the witness statements, and the on-scene injury reports. Point being: if you are in an accident and unable, for whatever reason, to take pictures, get a copy of the accident report as soon as possible. It may contain very useful and helpful info. I am told that in other counties, pictures are often included in the accident report. My husband was just in a car accident where he really was injured – broken arm. The break is particularly nasty, in that it is actually up in the elbow joint, so it has affected his movement – that is, he will never regain full movement of his right arm. not good. At the scene, the poor kid who hit him was completely out of it – much more injured than hubby was. He was in NO shape to take pictures of any sort (though we did). In this case, the officers on the scene ticketed him, but, as far as I know, they did not take any photos of the scene. There was an accident report, though. The accident report included the officer’s account, the witness statements, and the on-scene injury reports.

Point being: if you are in an accident and unable, for whatever reason, to take pictures, get a copy of the accident report as soon as possible. It may contain very useful and helpful info. I am told that in other counties, pictures are often included in the accident report.

]]> By: Swim Upstream to Wealth http://allfinancialmatters.com/2007/10/17/protecting-your-assets-should-you-end-up-in-court/comment-page-1/#comment-154416 Swim Upstream to Wealth Thu, 18 Oct 2007 00:50:01 +0000 http://allfinancialmatters.com/?p=2081#comment-154416 Make sure if you title assets jointly you do so as tenants by the entirety, not joint with rights of survivorship (JTWROS). Tenants by the entirety will protect your assets if you get sued. However, if the suit is for both spouses then it provides zero protection. JTWROS doesn't provide this protection. Make sure if you title assets jointly you do so as tenants by the entirety, not joint with rights of survivorship (JTWROS). Tenants by the entirety will protect your assets if you get sued. However, if the suit is for both spouses then it provides zero protection. JTWROS doesn’t provide this protection.

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