Wealth Exposed: Insurance Planning for High Net Worth Individuals and Their Advisors (Wiley Finance) - Hardcover

Flood, Brian G.

Hardcover

ISBN 10: 1118810694 ISBN 13: 9781118810699

Publisher: Wiley, 2013

Synopsis

An indispensable survival guide for high-net-worth individuals and their advisors If you're like most high-net-worth individuals nowadays, you are underinsured, over-targeted in litigation, and dangerously exposed to risks that can profoundly jeopardize your lifestyle and rob you and your family of what they ve worked so hard to achieve. Don't risk it all for lack of basic knowledge. Read Wealth Exposed and get the practical guidance and real-world solutions you need to protect your hard-earned assets. Written by a leading national risk management expert with extensive experience advising high-net-worth individuals, Wealth Exposed alerts you to the full range of risks to which high-net-worth individuals are exposed, while schooling you in your risk management ABCs. Designed for high-net-worth individuals, their CPAs, attorneys, family office managers, and others, Wealth Exposed arms you with the knowledge and tools you need to protect yourself, or your clients, from mayhem. * Provides a framework for creating a comprehensive personal risk management strategy * Contains numerous real-life anecdotes and case studies drawn from the author's case files * Discusses insurance solutions for property, cars, jewelry, aircraft, watercraft, wine, cars, and more Read Wealth Exposed and find out what you need to know to protect your assets from risk and secure your peace of mind.

About this title

From the Back Cover:

Congratulations on becoming a person of means. Not to rain on your parade, but, while your wealth certainly can make life easier for you and your loved ones, it also can make it much more complicated. That's because real wealth brings exposure to a variety of all-too-real personal and professional liabilities, including many about which you may be completely unaware. Any one of those risks could, at any time, seriously undermine or even destroy all that you have created and rob you and your family of the fortune you've worked so hard to create.

You owe it to yourself and your dependents to learn all that you can about those risks and what you can do to insulate yourself against them--before you're struck by a natural or man-made disaster, fall victim to fraud, theft, or other malicious acts, or find yourself at the business end of a lawsuit.

Written by a risk management and insurance expert with many years of experience advising high net worth individuals, this book demystifies the world of risk management. In a series of concise, pithy chapters, author Brian Flood clearly lays out the various categories of risk to which you may be exposed. And he explains the array of insurance solutions created specifically for high net worth individuals.

Your wealth risk management checklist and solutions guide, this book provides you with what you need to know about:

• Property risks, including flood, equipment breakdown, and remodeling/renovations risks
• Household staff risks and liabilities
• Insuring valuables and collectibles, including artwork, wine, jewelry, and more
• Car insurance, including antiques, exotic cars, sports cars, and more
• Boat and maritime insurance
• Personal and family security risks--from cyber attacks to identity theft to kidnapping
• Personal and professional liability, including libel and slander lawsuits
• Insuring against risks to intellectual assets
• Personal risk management for you and all your family members
• Risk management issues for expatriates and those planning to live and work abroad

Mr. Flood also provides expert advice and guidance on creating a comprehensive risk management strategy and on pulling together a risk management team--including your attorney, financial advisor, accountant, and others--with a specialized insurance broker acting as team leader coordinating everyone's efforts.

Read Wealth Exposed and find out what you need to know to protect your assets from risk and secure your peace of mind.

About the Author:

Brian G. Flood, CPCU, ARM, is highly regarded for developing creative risk management solutions and concepts unique to each individual or organization. As Vice President of the Flood Group, Brian leads a team of both personal and commercial specialists to provide a complete suite of risk management services and products to a clientele that spans the country. As they have found that effective personal risk management begins with knowledge, education is a major thrust of the Flood Group's client outreach. Brian earned a BBA in management from Hofstra University.

About this edition

• Publisher: Wiley
• Publication date: 2013
• ISBN 10: 1118810694
• ISBN 13: 9781118810699
• Binding: Hardcover
• Edition number: 1
• Number of pages: 208