• Get Out of CA!

  • Feb 18 2024
  • Length: 1 min
  • Podcast

Get Out of CA!

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  • Summary

  • To protect your assets, get out of California! California frequently tops the lists of worst jurisdictions for tort lawsuits compiled by groups including the US Chamber of Commerce Institute for Legal Reform and the American Tort Reform Foundation. Because avoiding lawsuits or obtaining favorable settlements is key strategy of asset protection, California's lawsuit culture makes it extremely difficult to protect your business and hard earned wealth.

    To protect their assets, individuals and businesses are leaving California in record numbers. Why? The US Chamber of Commerce Institute for Legal Reform rates California among the worst five states for lawsuits, and includes Los Angeles and San Francisco among jurisdictions “with the Least Fair and Reasonable Litigation Environment[s].” The American Tort Reform Foundation lists California among the worst “Judicial Hellholes” in the nation, commenting that “Lawsuit abuse and excessive tort costs wipe out billions of dollars of economic activity annually” in the state. Only trial attorneys consistently benefit from this situation. Yet California’s legislature and courts make it worse – not better – every year. A large part of asset protection is avoiding lawsuits or obtaining favorable settlements if they happen, but this is increasingly difficult in California. To protect your assets, including your business and hard-earned wealth, get out of California if you can!
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