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Answer Upon - Will YOU Be A Lawsuit Target This Year
Scrapbooking can be an expensive hobby. From patterned paper, accents, embellishments, and cardstock, it all adds up. I've been scrapbooking for about 7 years and at first, I went to all the fancy specialty scrapbook supply stores, where things are more expensive. Over the past several years though, I have found some great ways to save cash.Scrapbooking Supplies at a Discount The most obvious way to save money is to find a place to shop that sells scrapbooking supplies at a discount. I have found that website stores actually have lower prices then stores. One example is they carry the Hermafix Dotto Glue Refill for $3.99, this is $2.00 less then the two local scrapbooking suppliers. The only down side of this is that you will have to wait for it. So I like to find a site that ships same day. Another thing to look for o
· Start with adequate liability insurance. Ask your agent about the types of claims you’re most at risk for, what your policy actually covers and just as importantly, what it does not cover. Look at the size of jury awards being rendered for those risks.
· Next, see if an ‘umbrella policy’ can be added to your homeowner’s coverage. An umbrella policy is an inexpensive supplement that just might come in very handy if (when) you’re sued. Some offer coverage of a million dollars for about $250 to $350 a year. · If you are a ‘sole
In the depths of the Second World War the allies were taking punishing bomber losses in the European Theater. It was not just the loss of aircraft but of trained crews that created grave concern. The allies could not replace crews at this staggering rate.A research project was started to discover ways to avoid these losses. The boffins (scientists and engineers) studied the aircraft coming back from raids over Europe. Some of these planes were horribly shot up. Ailerons hanging off, tailplanes riddled with bullet holes, flack holes ripped throughout the wings and fuselage.The boffins seemingly tried everything and added more armor to various places but the losses continued. Nothing was working. The allies still lost crews and bombers at an alarming rate.The breakthrough was made when someone realized th
WHY SO MANY LAWSUITS ?
Some say it’s because we don’t spay and neuter trial lawyers and that’s why they’re ‘overpopulated’. Others blame it on the American cultural penchant for blame and finger-pointing over life’s unfair outcomes. Whatever the reason, it just makes sense to reduce the risk of being served with a lawsuit and to increase the protection to survive one with your financial life still intact.
REDUCING YOUR RISK OF LITIGATION.
Most lawsuits involve ‘tort’ claims, i.e. breach of contract, intentional harm or negligence, etc. If you own rental property, own a business, have teenage drivers, coach a team, or have accumulated assets, you’re a likely target. These are ‘lawsuit magnets’. Consider ways to reduce the likelihood of being in a lawsuit by reducing your lawsuit profile. For example, rental property owners should keep their properties well-maintained and safe from risks. Business owners should pay attention to customer service and financial disputes, adding arbitration or mediation clauses in contracts to resolve disputes before they ever become lawsuits. Most of all consider ‘Entity Layering’ with LLCs and Family Limited Partnerships. Ask your insurance carrier, family and employees to help with an internal audit of your business and risk management practices to uncover hidden risks and help you design practical mitigation. The saying is true – ‘An ounce of prevention is worth a pound of cure’. I
INCREASE YOUR LIABILITY PROTECTION.
Being proactive to reduce your risk of lawsuits is just a first step. The next is to remember that sometimes no matter what you do, you can still be a lawsuit target. Most of us believe we are not likely to be sued because we’re nice people, we try to raise our kids right, we’re faithful to our religious beliefs, or because we try to avoid risky behavior that might harm others. So what can the average person do to increase their level of protection?
· Start with adequate liability insurance. Ask your agent about the types of claims you’re most at risk for, what your policy actually covers and just as importantly, what it does not cover. Look at the size of jury awards being rendered for those risks.
· Next, see if an ‘umbrella policy’ can be added to your homeowner’s coverage. An umbrella policy is an inexpensive supplement that just might come in very handy if (when) you’re sued. Some offer coverage of a million dollars for about $250 to $350 a year. · If you are a ‘sole p
Are you looking to supplement your income? Looking for a new way to make money? Want to start your own business? You can start earning money almost straight away with a cleaning job and gradually build your business until you have a team of contractors working for you pulling in profits.Cleaning houses is becoming a very lucrative occupation with very little cash outlay and is a great way to earn the extra cash you need whilst building your own business. More and more women are going back into the work force creating the need for cleaners to help them maintain their homes.One of the first things to do is, know your market. Find out what cleaning companies are charging the homeowner to clean by the hour, remembering that eventually you will have to pay your contractors yet still make money yourself. Many agencies char
REDUCING YOUR RISK OF LITIGATION.
Most lawsuits involve ‘tort’ claims, i.e. breach of contract, intentional harm or negligence, etc. If you own rental property, own a business, have teenage drivers, coach a team, or have accumulated assets, you’re a likely target. These are ‘lawsuit magnets’. Consider ways to reduce the likelihood of being in a lawsuit by reducing your lawsuit profile. For example, rental property owners should keep their properties well-maintained and safe from risks. Business owners should pay attention to customer service and financial disputes, adding arbitration or mediation clauses in contracts to resolve disputes before they ever become lawsuits. Most of all consider ‘Entity Layering’ with LLCs and Family Limited Partnerships. Ask your insurance carrier, family and employees to help with an internal audit of your business and risk management practices to uncover hidden risks and help you design practical mitigation. The saying is true – ‘An ounce of prevention is worth a pound of cure’. I
INCREASE YOUR LIABILITY PROTECTION.
Being proactive to reduce your risk of lawsuits is just a first step. The next is to remember that sometimes no matter what you do, you can still be a lawsuit target. Most of us believe we are not likely to be sued because we’re nice people, we try to raise our kids right, we’re faithful to our religious beliefs, or because we try to avoid risky behavior that might harm others. So what can the average person do to increase their level of protection?
· Start with adequate liability insurance. Ask your agent about the types of claims you’re most at risk for, what your policy actually covers and just as importantly, what it does not cover. Look at the size of jury awards being rendered for those risks.
· Next, see if an ‘umbrella policy’ can be added to your homeowner’s coverage. An umbrella policy is an inexpensive supplement that just might come in very handy if (when) you’re sued. Some offer coverage of a million dollars for about $250 to $350 a year. · If you are a ‘sole
All large business enterprises must have started with a simple business opportunity. Starting a business in Australia is almost the same as starting a business anywhere else – you’ve got to comply with government rules and invest time, effort, and money. Business opportunities are quite abundant in the continent – you can even choose to buy an established business, start a business from scratch, or even enlist in a business endeavor sponsored by a big company.Business opportunities can be divided in categories. In Australia, the most popular businesses are under the food category. Cafes and restaurants are plenty and they are present in almost all cities of Australia. The Food retail business is also thriving, and its the bakers and confectioners that are heading the pack. So if your expertise lies within this category, the
INCREASE YOUR LIABILITY PROTECTION.
Being proactive to reduce your risk of lawsuits is just a first step. The next is to remember that sometimes no matter what you do, you can still be a lawsuit target. Most of us believe we are not likely to be sued because we’re nice people, we try to raise our kids right, we’re faithful to our religious beliefs, or because we try to avoid risky behavior that might harm others. So what can the average person do to increase their level of protection?
· Start with adequate liability insurance. Ask your agent about the types of claims you’re most at risk for, what your policy actually covers and just as importantly, what it does not cover. Look at the size of jury awards being rendered for those risks.
· Next, see if an ‘umbrella policy’ can be added to your homeowner’s coverage. An umbrella policy is an inexpensive supplement that just might come in very handy if (when) you’re sued. Some offer coverage of a million dollars for about $250 to $350 a year. · If you are a ‘sole
Stress is our reaction to people or things going on around us. Sometimes these things are positive, i.e. a vacation, a promotion or a special event. Sometimes the things are negative, i.e. a traffic ticket, someone you care about is ill, or projects at work are not meeting deadlines.How do you manage your mood when:• There is too much to do and not enough time to do it in?• People around you seem to have time to do fun things and you don't?• Things are happening around you that you have no control over?• Projects at work are not meeting deadlines and you are working longer hours?Susan Vaugham, MD, a psychiatry professor at Columbia University states in her book, Half Empty, Half Full that optimists have the ability to feel in charge of themselves. This does not mean everything will go w
INCREASE YOUR LIABILITY PROTECTION.
Being proactive to reduce your risk of lawsuits is just a first step. The next is to remember that sometimes no matter what you do, you can still be a lawsuit target. Most of us believe we are not likely to be sued because we’re nice people, we try to raise our kids right, we’re faithful to our religious beliefs, or because we try to avoid risky behavior that might harm others. So what can the average person do to increase their level of protection?
· Start with adequate liability insurance. Ask your agent about the types of claims you’re most at risk for, what your policy actually covers and just as importantly, what it does not cover. Look at the size of jury awards being rendered for those risks.
· Next, see if an ‘umbrella policy’ can be added to your homeowner’s coverage. An umbrella policy is an inexpensive supplement that just might come in very handy if (when) you’re sued. Some offer coverage of a million dollars for about $250 to $350 a year. · If you are a ‘sole
I'm writing this for people who like the idea of online registration but imagine it's a time consuming ordeal to get set up. If you are using a professional full service online registration provider you can be fully set up by investing as little as an hour of your time for basic seminars, meetings, conferences or online ticket sales forms.A breakdown of the steps to online registration:Research (10 mins)If you're new to online event registration you'll want to spend a few minutes checking out the different options available. A quick read of our Event Planner's Guide to Online Event Registration will help you decide on your best approach (see below for download the file).If you want to make it easy on yourself, we recommend going with a full service online registration company. They will
· Start with adequate liability insurance. Ask your agent about the types of claims you’re most at risk for, what your policy actually covers and just as importantly, what it does not cover. Look at the size of jury awards being rendered for those risks.
· Next, see if an ‘umbrella policy’ can be added to your homeowner’s coverage. An umbrella policy is an inexpensive supplement that just might come in very handy if (when) you’re sued. Some offer coverage of a million dollars for about $250 to $350 a year. · If you are a ‘sole proprietor’ or ‘joint venture’ business owner, you are walking around with a target on your back that says ‘Kick Me’. Not only are sole proprietors the most tax-audited business owners, but they are also most at risk. Because the sole proprietor and the business are considered ‘one-and-the-same’ under the law, you are personally liable and can lose everything. Consider forming a Corporation or a Limited LiabilityCompan ('LLC'). · If your business is already in a corporation or a limited liability company, get help to ensure you meet the standards of ‘compliance’ so your company provides the first layer of protection from unknown future lawsuit predators. · Many trial attorneys try to ‘pierce the corporate veil’ by claiming companies aren’t observing corporate formalities or by applying the ‘alter ego’ doctrine, asserting that you’ve conducted yourself such that the court should ignore the existence of the company entity and hold you ‘personally liable’. To avoid this, don’t commingle personal and business expenditures. Observe corporate formalities of board meetings and minutes. Take reasonable compensation and pay personal expenses with personal, not business funds. · Start developing a step-by-step plan to acquire business credit in the name of your company itself, distinct from your own personal credit, since this will help your business grow stronger and at the same time reinforce the defense that you and your business are not one-and-the-same. With guidance, you can establish credibility and stand-alone financial power in the name of your company that will not only create lines of credit for your business to expand, but reduce the strain on your personal credit. · If you own rental properties, consider the new ‘Series LLC’. Think of it as a single-entity ‘mother ship’ that allows you to separate assets, liabilities and accounting of several properties but consolidate them for tax returns. Another alternative might be a Limited Partnership as a liability shield. Bottom line – you have planning options. · About seven states have adopted the ‘Limited Liability Limited Partnership’ (or ‘Triple LP’). In ten years it will likely be nationwide. The Triple LP gives the (managing) general partner the same level of protection that the limited partners enjoy and Nevada has one of th
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