It takes a lot of hard work to reach financial independence (“FI”). Whether you have reached FI or are still striving toward the goal, it’s a good idea to make sure your assets are protected against an unforeseen lawsuit.
None of us like to face the possibility of being sued. And I certainly don’t want to be a pessimist. However, as a bankruptcy attorney I have witnessed first-hand the many ways people get sued unexpectedly. Here are a few examples to consider: