#475 The 3 Most Common Lawsuits & How to Avoid Them

Main Street Business

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into 3 potential legal liabilities for individuals and small business owners. They offer valuable insights into the process of reducing liability through effective planning and documentation.

Here's what you can anticipate:

• A discussion on the three most common ways you might get sued in America: incidents at your home, personal injury claims, and contract disputes.
• An examination of real-life celebrity lawsuits involving Demi Moore, Gwyneth Paltrow, and Flo Rida, illustrating the potential legal pitfalls in different scenarios.
• Tips on how to reduce your liability, such as maintaining a secure perimeter around your property, having a waiver in place, and ensuring proper supervision during events or gatherings.
• Advice on how to document and gather evidence in the event of an accident or dispute, including taking pictures, videos, identifying witnesses, and keeping receipts of any related expenses.
• A comprehensive overview of having written agreements in place, particularly in business or investment arrangements, to prevent potential legal issues.
• The episode ends with a discussion on how to navigate a breach of contract scenario, emphasizing the importance of having contracts in writing and understanding the terms thoroughly.

This episode is a must-listen for anyone operating a small business or engaging in any form of agreement, seeking expert advice on avoiding lawsuits, and looking to maximize their protection against potential legal issues.

• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
• You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
• Curious what my new certification is all about? Learn More
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Grab my FREE Ultimate Tax Strategy Guide HERE!
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

अध्यायों

1. Getting Sued in America (00:00:02)

2. Liability & Waivers for Property Owners (00:06:44)

3. Gwyneth Paltrow Skiing Accident Legal Lessons (00:14:50)

4. Contracts and Documentation in Legal Matters (00:23:05)

5. Navigating Legal Issues for Small Businesses (00:34:09)