As East Coast residents continue to put their lives back together after Hurricane Sandy, asset protection lawyer Hillel L. Presser reminds Americans that we’re all vulnerable. “We’ve seen some bizarre, destructive weather in recent years—nearly 1,700 tornadoes in 2011, extreme drought this year, and Hurricane Sandy followed up with a Nor’easter, just to name a few,” says Presser, author of Financial Self-Defense.
“And we can expect more of the same. AccuWeather is forecasting major snowstorms from North Carolina to New York City in January and February; severe storms
across the South, with the possibility of tornadoes and flash flooding; and a growing drought in the Northwest that carries the potential for more wildfires.”
He says people should take steps now, before a crisis, to make sure they’re protected. Important questions to keep in mind include: If your tree falls on your neighbor’s house in a storm, will you be prepared for a lawsuit? Is your important paperwork in a safe place where you’ll be able to access it if your home floods, like so many people in New York and New Jersey?
Presser offers the following tips for safeguarding your assets now.