So Sue Me!: How to Protect Your Assets from the Lawsuit Explosion

by Arnold S. Goldstein

Book Overview

This 2nd edition reveals little known secrets and strategies guaranteed to protect personal and business assets from any financial disaster. This bible of asset protection is packed with hundreds of... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1880539608
• ISBN13: 9781880539606
• Release Date: April 2005
• Publisher: Garrett Publishing
• Length: 300 Pages
• Weight: 0.60 lbs.
• Dimensions: 0.6" x 5.4" x 8.0"

Customer Reviews

Excellent Intro to the World of Asset Protection

This book is an easy read and is the best "primer" book on the topic of asset protection out there. Dr. Goldstein has practiced asset protection for over 40 years and is thus probably the most experienced AP planner in America. It explores many practical solutions and strategies for keeping your wealth safe from creditors. I recommend it for anyone who is just learning about asset protection and wants a good foundational understanding of the subject. If you're looking for a more detailed, in-depth treatise on Asset Protection, which pulls out all the stops and explores the most advanced strategies available (DBETTs, DEMMLLCs, obligation-based liens, UFTA §8(a) strategies, SynRoths, Ultimate LLCs, advanced offshore strategies, and a host of other stuff that NO OTHER BOOK talks about) then I highly recommend "Asset Protection... In Financially Unsafe Times", also written by Dr. Goldstein. It has over 440 endnotes and explains the case and statutory law surrounding key asset protection concepts, so you REALLY understand the world of asset protection at a deep level.

Urgently Needed Information!

You need to read this book now. I always buy Mr. Goldstein's books. They are very informative. I look forward to the new book he has coming out. I have pre-ordered it. I use some of his techniques in my practice.

Great primer

This book is a great intro on why EVERYONE (except those who have vowed a life of poverty) need to consider asset protection. Also gives a good account of the various methodologies for asset protection.

Want to protect yourself!

Author Goldstein has been an asset protection attorney for many years. His first book, Asset Protection Secrets, was a best seller. This one is for everyone: people with money; people with little assets but they don't want to lose them; young and old; married, divorced and single; savvy or naive. These chilling words set the tone: "You just never know what a jury will do," and "Juries decide if a case has merit." He states that 93% of Americans have absolutely no lawsuit protection aside from their liability insurance--because we procrastinate and don't think it will ever happen to us. You don't have to do anything wrong to be sued and lose. You only have to be in the wrong place at the wrong time--or come across some greedy lunatic who things he has a reason to be grieved. Goldstein's advice and strategies show how you can protect yourself against lawsuits, divorce, creditors, the IRS and other deadly threats to your wealth and assets (money, investments, possession, businesses, etc.). Bulging with easy-to-understand advice, the book might make you to decide TODAY is the time to start protecting your assets and no longer be non-protected. From personal experience, I know that money and time spent now can save you a lot of both later. It is shocking that only one in five Americans have even a simple will to define their wishes. The author ends with four important steps: 1.Commit to action: Set a goal and get started. 2.Organize your team of advisors to protect your assets, including family members, business associates, etc.--people you can trust. 3.Recruit the right professionals: your lawyer, accountant, banker, financial planner/investment advisor, insurance professional--and what criteria to use. 4.Stay proactive in maintaining financial security: Be your own counsel in addition to your advisors; learn, read, be proactive. Armchair Interviews says: So Sue Me should scare you right into your lawyers and accountant's office, place a call to your insurance man, and generally "look over your shoulder" now that you know how easily you can lose your assets.

I Only Wish I'd Had this Book a Few Years Ago

This is a book that I wish I'd had (and paid attention to) some years ago, that is, before being sued for divorce. I then had to learn what he says here through talking to attorneys (at $much per hour this is an expensive approach) and by writing my ex-wife big checks (but I got sole custody of the kid so it was worth it). Dr. Goldstein is talking about protecting what assets you have (after divorce that may be considerably less than you had before). When your major assets have been stripped away, you still need to protect what you have left, but some of the rules change. For instance liability insurance, if you carry a million dollar liability policy and have only $10,000 in assets, this may entice a hungry attorney to sue you while if you only had $20,000 in insurance, he may go look for another target.