Have any of you consulting engineering firm principals/owners placed your personal assets (home, investments, IRA, etc.) in a revocable trust as a mechanism to better shield them in the event of a potential lawsuit judgment exceeding your E&O liability insurance policy limits?
I know I am posing a legal question to non-lawyers, but I am curious if any of you engineers had done this.
Red Flag Submitted
Thank you for helping keep Eng-Tips Forums free from inappropriate posts. The Eng-Tips staff will check this out and take appropriate action.
Reply To This Thread
Posting in the Eng-Tips forums is a member-only feature.
PCB design is a purposeful process. In essence, every PCB design is a complex puzzle that requires a designer to incorporate critical components and tight schematics into a piece of technology that is governed by rules, constraints and industry standards. Download Now