What liabilities do I face as a result of my wealth?
by David Beeton
Affluent individuals and families often do not understand the increased amount of liability exposures they face. By virtue of their lifestyles, tangible possessions and wealth, a variety of liability risks are encountered, and the monetary consequences are potentially substantial. Simply put, wealthy families are exposed more frequently to lawsuits, both real and frivolous, due to a variety of factors stemming from their circumstances…
