Five Steps To Protect High-Net-Worth Clients from High-Stakes Lawsuits
Financial Advisor and Ace Private Risk Services present a complimentary webinar designed to help high net worth families protect their assets from personal liability lawsuits, which can take years to litigate and result in awards and settlements well in excess of $10 million.
On its website, Financial Advisor says this course explores the liability exposures of high net worth (HNW) families and presents a five-step plan for addressing them. It compares the perceptions HNW individuals have about liability risk with the realities they face. It reviews how wealth and a wealthy lifestyle lead to increased liability risk, and how jury composition and widespread legal doctrines such as joint and several liability further increase this risk. The course will detail these families’ growing concerns, which include financial loss, stress of protracted legal proceedings, and damage to their reputations and earning power.