Chris PrefontaineSerious about making money in the real estate investment business? Free Webinar - REGISTER BELOW!, Smart Real Estate Coach · Chairman, Founder, 4x Best-Selling Author of "Real Estate On Your Terms," Forbes Business Council Member, 3x Inc 5000 Honoree, Global Rank TOP 0.5% Podcast Host

What Do I Do if I Get SUED?

9 May 2024 · 2 min

Watch on YouTube

1:54

In this short YouTube video, seasoned real‑estate professional Chris Prefontaine addresses the common concern of being sued, citing the staggering number of lawsuits filed annually in the United States (approximately 40 million, or one every seven seconds). Drawing on his 33‑year career and personal mistakes made before the 2008 crash, he emphasizes the importance of proactively structuring business entities to protect personal and family assets. He promotes Prime Corporate Services (smartrealestatecoach.com/PCS) as a partner that can set up and maintain proper entity structures from day one, preventing the need for costly unwinding during litigation. The video blends practical legal‑risk advice with a promotional endorsement, urging viewers to secure peace of mind through professional entity planning.

Chapters

I know no one likes that question, what do I do if I get sued? But I also know a lot of people, too many people sadly, ask this all the time. I was chatting with one of our firms just last week, so I wanted to shoot this quick video. And they said to me, Chris, I even wrote it down, they said there's 40 million lawsuits per year. And I'm assuming he just meant United States, so I'm going to be careful on how I quote this. But he said that's one every seven seconds. Now I didn't put the calculator to that yet, but I don't care if it's forty million a year. How about we all protect ourselves, our family, and our assets? And guys, I'm telling you, pre-2008 crash, I did it incorrectly. I learned the lesson the hard way. Post-2008, I learned all kinds of things that I should have done, and I want to make sure that you don't go through that same. Process. After 33 years in real estate, we've aligned ourselves for the last decade or so with Prime Corporate Services. You can go to smartrealestatecoach.com/PCS. That's P as in Paul, C as in Chris, S as in Services. Prime Corporate Services, smartrealestatecoach.com/PCS, because they're gonna structure your entities properly and profitably for you. Day one and going forward. And, and them telling you to unwind things after or during a lawsuit can't happen. So why not do it upfront? And I'm going to tell you from personal experience, you'll sleep a lot better. Check out Prime Corporate Services. They're a must.