Protecting Yourself from the Dangers of Lawsuits

The average business in the United States faces an average of five lawsuits in its lifetime. This makes lawsuit prevention and protection essential topics for every business owner to know. The question is no longer what will happen if you will be sued, but what will happen when you are sued.

Prepare for the Inevitable

There are a lot of things to consider while preparing against the threat of inevitable future lawsuits. The financial loss, injury, disadvantage, or destruction that comes with lawsuits can be very damaging. Professionals from all walks of life and professions must be proactive in their approach to lawsuit protection. The key is to become smarter, safer, and ultimately more resilient.

Legally Mine is the most respected, experienced and comprehensive lawsuit protection firm in the United States. It attained this status by providing specialized consulting, packages and tools to help businesses and medical practices manage risk.

Completely Protect Your Business and Personal Assets

Legally Mine shows you how to completely protect your business and personal assets through proper entity structuring. Legally Mine knows that running a business is stressful enough without worrying about losing your assets to a lawsuit. That's why they provide streamlined, effective and easy to use products that are backed by expert customer service. Reduce the worry and risk of your business by contacting Legally Mine, a company with a reputation that comes only from longevity and client satisfaction.

The possibilities are endless! So what will you do? #legallymine #legallymineusa #asset #assetprotection #taxstrategy #lawsuitprevention 

A photo posted by Legally Mine (@legallymine) on May 15, 2015 at 9:07am PDT

This case ended in $7.65 million being awarded to one woman. Make sure you're protected from malpractice! http://t.co/5x7Wgg6NMP

— Legally Mine (@LegallyMine) May 27, 2015

What Is Your State's Lawsuit Climate?

If you go to the website for the U.S. Chamber Institute for Legal Reform, you can see a recently published list of the current lawsuit climate for every state in the United States.

A Lawsuit Epidemic

To see how your state compares against the rest in terms of lawsuit climate, go to http://www.instituteforlegalreform.com/states. That should give you an overview of how all the states compare.

For a deeper look at how your state is doing, and what they are doing to improve legal reform, click on your state.

If your state isn't doing so well with lawsuits, check out Legally Mine. Even if your state is doing well compared to the rest, our country has a lawsuit epidemic. Literally no one is totally safe from debilitating lawsuits. Find out what you can do to protect yourself at Legally Mine.

Here is some of the information you need to know on law suit protection! http://t.co/2R4IM1ATEV #law #legal #lawsuit
— Legally Mine (@LegallyMine) April 3, 2015

People don't see how you got where you did, only the success! That's why it's even more important for you to protect it! #legallymine #legallymineusa #assets #protection #success #growth #risk #goals #focus #sacrifice #failure #tryagain 

A photo posted by Legally Mine (@legallymine) on Mar 27, 2015 at 9:01am PDT

Medical Lawsuits

Recent statistics show that nearly $4 billion was spent in medical malpractice payouts, which is about $168 million more than the previous year. Pretty alarming, isn't it?
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Prevention for Malpractice Lawsuits

Most medical professionals are aware that there is a risk for malpractice lawsuits. Many of them make an effort to stop lawsuits by requiring new patients to sign a disclosure document that is supposed to absolve the medical professional from any future mistakes. However, these types of documents don't usually hold up in court. The biggest reason for that is because patients cannot be expected to read and understand these disclosure documents without the legal training of an attorney. Therefore, this practice is ineffective, and it can also frustrate patients and lower their confidence in the abilities of the medical professional.

Cause and Motivation for Lawsuits

Lawsuits always have causes and motivations. The cause is seldom inflicted intentionally. Most times it is beyond the control of the medical professional being held responsible. The motivation for a lawsuit is always the assets of whoever is getting sued. That is why asset protection is important. If the assets in question are controlled so that they cannot be taken in a lawsuit, that eliminates the motivation for the lawsuit. Without the motivation, it is unlikely that a lawsuit will even be filed. 

Get the knowledge and counsel on how to avoid medical lawsuits from Legally Mine!

Are you afraid of frivolous lawsuits against your business or practice? We can help you keep what's yours. pic.twitter.com/FnRKvKSu8H
— Legally Mine (@LegallyMine) March 20, 2015

Tax Reduction

Financial success is a major factor in opening doors to major actions that we take throughout our lives. That being said, the size of your income isn't all you have to worry about. Keeping more of what you earn is just as important as how much you earn. Reducing your taxes is a big part of keeping what you earn. Check out Legally Mine and see how much of your income you can legally keep.

Is Tax Reduction Legal?

Legally Mine has helped people save hundreds of thousands of dollars with tax strategies. This may cause you to wonder about the legality of keeping that much money from the government.

Judge Learned Hand in Helvering v. Gregory (1934) made a great statement about this: "Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."

Your CPA's Lack of Knowledge May Cost You

A big part of financial success is being certain that taxes aren't eating up your paycheck. CPA's and tax preparers often don't know the best ways to reduce the tax burden of their clients. Because of how they are educated, they usually have more of a focus on what they can't do instead of what they can do when it comes to tax reduction. Most tax preparers are really just interested in getting as many returns done as possible during the tax season. Firms that specialize in tax planning are the ones that really make sure you have the full advantage of the tax code, while at the same time make sure you are in compliance with the IRS.

Today, a majority of tax deductions come from being self-employed or owning your own business. It's important to properly use legal entities for tax purposes because different entities can take advantage of different laws. Laws do exist that can be used to make serious deductions and savings. However, most tax preparers don't even know about their existence! Luckily, Legally Mine can teach you how to use these laws to your advantage.

You may be thinking, "why does my accountant not know about these laws?" The only real answer is that even though these laws are legal and work for any business owner, they were really created for the highly wealthy to use, and they aren't publicized by the IRS. This doesn't mean that these laws will not work for you. They will certainly pass the muster fromt he IRS. It simply means your accountant or CPA probably doesn't know about these laws or how to utilize them.

The tax reduction strategies that Legally Mine has can literally bring you savings that are life changing. Make sure that you are able to keep the money that you worked hard for and can legally save!

Legally Mine Asset Protection

In the United States we have a lawsuit epidemic. Did you know that 5% of the world population lives in the U.S.? But even though we have only 5% of the world population, 94% of all lawsuits worldwide happen in the U.S.

That is why Lawsuit Protection is so essential.

Protect Yourself

You may think that you are already protected from a lawsuit. Perhaps you have your own lawyer, so why shouldn't they be able to handle asset protection? The truth is, that the standard attorney practicing family or business law usually will not invest the effort or time required to truly understand asset protection. Following and understanding asset protection laws is a long and taxing process, and is only worthwhile if the attorney has a high volume asset protection practice. Only .05% of barred attorneys in the United States consider protecting assets as one of their specialties.

This is where Legally Mine becomes valuable to you. Legally Mine LLC has been helping protect assets for over 40 years for medical and business professionals. Legally Mine has a very large following and do nothing but asset protection. Since their volume is so large, it allows them to charge far less than regular asset protection attorneys while at the same time providing you with experience in the area that is second to none!

Can you be sued for selling someone a "haunted house"? Apparently. http://t.co/7Xgs9IhYWu
— Legally Mine (@LegallyMine) February 20, 2015