Many times business owners – even sole proprietors – don’t read what they’re signing because they feel they just don’t have the time to deal with it. True, reading through everything you sign is clearly time-consuming. Nonetheless, not reading contracts is a real no-no. Business owners have no idea the mess they can get themselves in by not reading a contract thoroughly; always have your California asset protection lawyer review important and/or lengthy contracts.

It’s so easy to overlook things that are obvious to an attorney. For example, you should never sign something as yourself – sign all documents in the name of the company you own. If you sign something using your name, naming yourself as an individual offering some sort of product guarantee, creditors and customers filing judgments can come after you as an individual rather than coming after the company, which likely has far better protection than you do as an individual.

Talk to your Newport Beach asset protection attorney about adding liability protection and including it as a clause somewhere in every contract you sign. This can be of enormous benefit if something comes up unexpectedly. Liability protection for your business and you as an individual can save you from a lot of heartache. If an accident occurs in your store or even in the parking lot of your shop, you will thank yourself for having liability insurance. And remember, it does you no good to wish you had it, so get it before something happens.

Contact an Orange County Asset Protection Attorney today. The Matsen team can guide you through asset protection planning to meet your unique needs as a business owner.