Money protection plans

12 Oct 2025 · 0 min

Watch on YouTube

0:29

In this brief YouTube segment, former trial lawyer Jerry Taylor advises viewers on how to protect family assets from large civil judgments. He recommends that once a child reaches the age of majority, the child's vehicle should be titled solely in the child's name and only a minimal liability insurance policy should be maintained. By ensuring the child has few assets, any potential plaintiff will have little to pursue, which, according to Taylor’s decades‑long courtroom experience, dramatically reduces the likelihood that a lawsuit will be filed. The clip ends with a call‑to‑action encouraging viewers to follow for more legal‑savvy advice.

Do you have your kid's vehicle in your name? If you do and there's a lawsuit filed and there's a $10 million judgment, guess who they're going to come after for the overage? Here's how you protect yourself. If your kid is above the age of majority, put the vehicle in their name alone. Get a minimum amount of liability insurance. If there's a big judgment, they don't have any assets anyway. And I can tell you after having been a trial lawyer for decades, if there's not a nice insurance policy to go after, there's much less chance that a lawsuit will ever be filed. Click that follow button right now and you'll keep getting all this wisdom.