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Contributed by Rosie Cisneros

Few homeowners are aware of the legal implications involved in something as simple as paying a neighbor’s kid to clean out the gutters or letting children shovel a driveway for a couple bucks. And when it comes to independent contractors that work on hazardous tasks such as roofing, tree removal and electricity, the danger grows exponentially. Most homeowners presume that their homeowners insurance policies provide more-than-adequate protection in the event they are sued for negligence or injury. Unfortunately, many are wrong – and the price of their ignorance could be as high as losing their home.

Consider Thurman Lawson, who was smacked with a lawsuit when a tree-service worker was injured on his property. Mr. Lawson contracted Eliseo Lascano, owner of Anthony’s Tree Service of West Covina, California, to trim a 50-foot palm tree in Mr. Lawson’s yard. Before work began, Mr. Lawson was even prudent enough to ask to see the contractor’s worker’s compensation insurance policy.

Unfortunately, that wasn’t enough to protect him. The business owner had shown Lawson an expired copy of his insurance policy and the homeowner never followed up to make sure he had a current one. The worker ended up suing Mr. Lawson after the homeowner insurer said the accident wasn’t covered by his homeowners policy. The California appellate court agreed and said that Mr. Lawson was financially liable. Homeowners are often targeted with personal injury claims. A survey in 2000 found that the biggest increase in all jury awards occurred in personal-injury cases where the median amount jumped 26 percent from the previous year. It’s stories like these that remind us not to rely solely on insurance policies and to be proactive in protection of our personal wealth.

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This Post Has 2 Comments

    1. Land Trusts are most often much misunderstood. The primary benefit of a land trust is privacy. However, in the majority of land trusts, there is no actual protection from creditors. Asset protection encourages privacy, but never relies on secrecy to work. In general a land trust as a stand alone tool would not protect a home.

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Pashmina Lalchandani

CEO & Co-Founder, Bar & Cocoa / Owner, Flow Simple
December 9, 2010, Douglass was a client of Pashmina’s

I’ve known Doug in many contexts, as a friend, as a client and as a business partner and he impresses me on all levels. He’s dependable, smart, generous and I wouldn’t hesitate recommending him and his law firm to anyone.
He’s the best and most ethical lawyers providing asset protection with rock solid strategies to give you peace of mind about your wealth. Straight forward, and straight talk. Doug is exactly the lawyer I want on my side. If I send someone to Doug, I know they’ll thank me for it!

Social & Solar Entrepreneur, Pan Afrikan Theorist, Translator/Interpreter,
Founder & Visionary Leader @ Afrikanpride.
March 12, 2011, Marlon E. D. J. worked with Douglass but at different companies

Doug is one of the most powerful thinker i have came across. During the short time that i have known Doug he has been a great source of inspiration. He has a simplistic yet effective and accurate way to analyze anything you bring to his attention, and then by asking you key questions he gets you to see the light at the end of the tunnel. Besides being extremely bright, he is a genuine and caring individual which is why I feel fortunate to know him. I can say without a doubt that he his the person you would want to talk to if you were in need of a person with his expertise.
Most of the lawyers out there will probably meet your needs, but if you are looking for someone to exceed your expectations and give you that wow factor, look no more he is the person for the job.

Patricia Salter

Associate Dentist at Smileology
December 1, 2010, Patricia was a client of Douglass’

I have been a client of Douglas Lodmell’s since 2001. My main concern was asset protection in this litigious society. I can sleep alot better at night knowing I have the instruments in place to protect the fruits of my labor, and that they will not end up in the hands of a slick trial attorney.

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