Description
This case centers on a licensed professional who is driven by need for professional recognition and financial rewards. Clients have been close to suing this professional over the past few years. His wife is starting a new business. Their major concern is to protect their assets from malpractice (errors and omissions), liability claims, and business losses.
Learning Objectives
1. To devise a plan of action to protect a successful husband and wife against a potential loss of assets due to lack of protection from unforeseeable events.
2. To asset protect a husband and wife from potential business exposures and loss of money.
3. To review a client’s current financial position and outline suggestions to protect the client from loss of money due to business exposures.