"Can I Borrow the Car?"A teenager’s lifestyle is fraught with activities that can cause personal injury or property damage to others. Less frequently contemplated, however, is the risk posed to their parents or guardians. In particular, families with substantial personal wealth can become easy targets for liability lawsuits.
Minimize Risk when Employing Household StaffMost people acquire their wealth through career success. With time at a premium, private staff—nannies, housekeepers, drivers, gardeners, chefs, and others—often become critical members of the household.