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C.Cornel
C.Cornel, Lawyer
Category: Law
Satisfied Customers: 1089
Experience:  Senior Lawyer at Legal Group
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How do I protect my personal assets from being sued

Customer Question

How do I protect my personal assets from being sued
Assistant: Where are you? It matters because laws vary by location.
Customer: London
Assistant: What steps have you taken so far?
Customer: None
Assistant: Anything else you want the Lawyer to know before I connect you?
Customer: no thanks
Submitted: 6 months ago.
Category: Law
Customer: replied 6 months ago.
Can I please get an answer to my question above
Expert:  C.Cornel replied 6 months ago.

Hello.

There are multiple ways to protect your assets, including by putting the assets in a trust or transfer the ownership or possession to tertiary parties.

However, it would depend on the type of assets in your possession, real estate, cash, stocks, etc.

Thank you.

Customer: replied 6 months ago.
Who can I transfer the ownership to? Does it have to be a relative?
Expert:  C.Cornel replied 6 months ago.

Not necessairly, I would generally advise against transferring ownership to relatives, as legal actions can be pursued against them.

Generally, my advice is to transfer to parties or individuals you trust. In certain cases, we had clients that transferred numerous assets to a law firm and the client and the law firm signed a legally binding agreement between them and everything is great.

Law firms have the legal duty to act in good faith.

Thank you.

Customer: replied 6 months ago.
Can you have a consultancy fee agreement with two parties who have a commercial relationship - ie can you do business with both sides
Expert:  C.Cornel replied 6 months ago.

Yes, absolutely.

Thank you.

Customer: replied 6 months ago.
Even if you are sensitive commercial information from both sides
Customer: replied 6 months ago.
Expert:  C.Cornel replied 6 months ago.

Yes, regardless of that particular circumstance. But can you let me know what you have in mind in more detail?

If you wish more privacy, I can disclose my business email and we can discuss directly via email.

Thank you.

Customer: replied 6 months ago.
How much does that cost?
Expert:  C.Cornel replied 6 months ago.

No costs at this stage, only the Just Answer feature, which is around 3 GBP.

Thank you.

Customer: replied 6 months ago.
Per email?
Expert:  C.Cornel replied 6 months ago.

No, a one time payment, you should see a proposal in a blue box, only works on computer/laptop/tablet and I do not think it works on mobile.

Once accepted, you will receive my business email directly.

Thank you.

Customer: replied 6 months ago.
Can you be sued if you are medically unfit to work as a consultant
Customer: replied 6 months ago.
Can you answer my question?
Expert:  C.Cornel replied 6 months ago.

Hello.

Sure, no worries, I can answer all your questions.

Prior to proceeding with your subsequent question, can you please rate the initial answer, as that is the typical procedure on Just Answer.

Thank you.