Protecting our assets?
468916
Since you have significant assets you should have a will or a trust that includes the properties.  You should also have term life insurance for both you and your wife.  It would probably be a good idea for you to have enough insurance on your wife to allow you to pay off the loans on the properties.  This will give you the option of owning the properties free & clear if she passes.  It might not be the best use of the money, but you will not worry about having a situation where you will be burdened with the debt if she passes away.\n\nYou should also clean up your credit, so that in the future you will be able to put your assets and loans in both names.
808485
Just have your insurance company handle it. That is why we HAVE insurance.
287582
no they cant. If you are worried maybe you shouldnt save your conservations..
125752
Consult a financial planner in your area. They will help you determine the appropriate mix of assets through a process known as a Risk Tolerance Analysis. Ask your friends and family who they use. You can also check out the Planner Search feature on the Financial Planning Association's website, www.fpanet.org.
751338
All the protection we need is in the US Constitution...but no one upholds it even though they take an oath to do so! Try looking into the '861' tax code. It will explain how far the government goes to rip the people off.
913947
Normally we don't. But when the fair value of the asset is much lower than the original cost, it can be considered to re-value it.\nOther situations depending on what industry you are in.
686422
depending on where you live you are entitled to some percentage of all shared or marital assets...there is more to this question that can be answered here, but you need a good lawyer. he cannot "hide" money, he can open and operate a business in which monies are not part of the marital assets...regardless, you need a lawyer
936641
Yes, speak to the people who insure your house. Even if you rent a house you should insure it /you yourselves.\n  It will cover your dog biting someone, a window falling out your child running into someone on their 'bike.
1016300
Classified?  Who released it?  It would have to be privileged too.  Assuming it was and the NYTimes was responsible for the leak AND published it, you have to be able to support a claim of damages with some facts as to how your personal security was "damaged".  A possibility of damages won't be enough.  Emotional damages will hardly be recognized when no physical damage actually occured.  Finally, it is not a class action.  Your family and you are just one plaintiff.
972700
It sounds like you've already done your research since you stated that you'll get half of the assets.  You might also be entitled to alimony.
494608
well it sounds as if they need to use alot of protection..cant be too careful! lol
83820
Great question!  LOLOLOLOL    You should hire a bodyguard, though, seriously, before some insurance commissioner's goon squad comes looking for you.
695031
My husband and I both have our own separate savings and checking acct as well as one joint acct we both contribute money to as we're both employed.  All the household bills and mortgage payments are taken out of the joint acct.  Personal spending is taken out of our own accts.\n\nThe reason ours is set up this way is because my husband is the bigger spender between us two and we want to have emergency money for "just in case" as u never know if something will come up.  This was an agreed upon arrangement prior to getting married.
406930
Ultimately your son is responsible. I he does not have the financial means to fix the damages then you as his parent are responsible. If you don't feel that to be the case then think of it this way. You deposit money into a savings account thereby giving them permission to use it for loans, if the bank get robbed of all their funds are they responsible to you?
255457
You NEED full liability insurance. The amount should be enough to protect your Assets. If some one hurts themeself at your rental property, there needs to be enough insurance, so that they do not come after your assets. If you have a standard (150/300 or 300/500) on that property, you might be able to get an umbrella to extent all of your coverages ( your primary as well) to a million or more. You also have to check with your insurer to make sure that the fact that this property is rented  does not invalidate it for the coverage you are purchasing
1160850
There are other places that need the money too to protect them as well.  I mean 9/11 was a tragedy and many miliions have been spent to rebuild and secure NY in the last 5 yrs or so, but how much security does one place need really?  Once you have the cameras, the security guards, and other equipment, ou don't need to spend millions more buying the same stuff.  DO you?\n\nIf we put all of our resources into a few spots across the country it leaves many more at risk to protect only a handful of cities and towns.\n\nI don't know, but I think that over the history of man kind, there have been many different ruling countries in the world that have fallen at some point.  Is it our turn now?
520786
Protection.  It keeps a paper trail of the property to ensure the that buyer can't say that he didn't get the property, and keeps the seller from saying he didn't get the money.