Asset Protection Plans in Divorce
The United States files more law suits than the rest of the world combined. Americans are sue happy. Though the many law suits keep attorneys busy, they can be quite the headache for those who face losing assets in a divorce or lawsuit. You never can be sure how a judge or a jury will rule on a lawsuit.
The large number of lawsuits filed and increased divorce numbers are the main reasons why asset protection is such a rapidly growing area of the law. Nearly half of all marriages in the United States and nearly 70% of all marriages in Maricopa county end in divorce. Additionally, quite often second marriages and blended families can create complicated asset protection scenarios.