Product Description

America's foremost expert on financial protection tells how to protect yourself from ruinous lawsuits. "Jay Mitton's financial protection plan is a must for anyone who wants to keep [his wealth]."--Robert Allen, author of Creating Wealth.

Product Details

• Amazon Sales Rank: #875952 in Books
• Published on: 1995-08-29
• Released on: 1995-08-29
• Original language: English
• Number of items: 1
• Binding: Paperback
• 260 pages

From Library Journal
The authors, an attorney and a CPA, believe that through simple mistakes, commonplace activities, and acts of goodwill, nearly all of us are at risk of being sued. They tick off a number of situations that might create liability?joint ownership, volunteering, acts of children, giving advice, serving as an officer of a company, and being an employer, to name a few. In each case they document the risks with illustrative examples from court cases or client files. They also discuss legal principles and strategies for protecting assets. Each section provides an "action checklist" of things to do to avoid liability. There is particularly detailed coverage of the risks involved in business ownership and good explanations of the advantages of incorporating and forming limited partnerships. The critical but sometimes limited role that insurance plays in shielding assets is discussed. End notes providing citations to court cases interpreting the law are a worthwhile addition. This is a good place to start for readers concerned about potential liability. Recommended where there is an interest.?Joan Pedzich, Harris, Beach & Wilcox, Rochester, N.Y.
Copyright 1995 Reed Business Information, Inc.

From the Inside Flap
America's foremost expert on financial protection tells how to protect yourself from ruinous lawsuits. "Jay Mitton's financial protection plan is a must for anyone who wants to keep [his wealth]."--Robert Allen, author of Creating Wealth.

Customer Reviews

Pass
Among his estate planning peers, Jay Mitton is one of the least liked and most notorious attorneys because of his heavy marketing of arguably worthless pre-made kits for family limited partnerships. The low quality of these kits, combined with Mitton's less-than-truthful marketing, has generated some scathing comments on the American Bar Association's estate planning bulletin board. The Supreme Court of Florida in fact entered an order prohibiting him from marketing in that state. The guy is a great marketer, to be sure, but his products can be charitably described as substandard and if you buy his book you need to also buy a ton of salt to go with it.

What a flop
This guy appears to be pushing some fairly common stuff like family limited partnerships. I wasted my money buying his book. Nothing earthshattering or creative about his structures. They put "JD" after his name and not "Esq" does that mean he never passed the Bar exam? I found that by simply searching for asset protection on Google you can find a lot of law firm and other websites where you can learn about all these strategies for free.

I read this book and it was great!
I found this book very easy to understand and informative. I have attended estate planning seminars and other financial conferences, but came away overwhelmed and confused. Jay has a great personal story that really adds to his credibility. After I finished reading it, I immediately read it again. I know what to do and what not to do. I have changed the way I do business since I read this book.
The negative review by "Cool Cat" is obviously biased if you read all of his reviews. He only endorses one asset protection book and it's probably his own. My guess is that he never read any of these books and is eihter Jay Adkisson himself or one of his associates. Notice that his review doesn't focus on the book, but rather attacks Jay Mitton. This seems typical for most attorneys.