Saturday, April 15, 2006

Wisconsin Car Insurance Advice

In addition to giving the advice I just posted on, I also make strong recommendations on car insurance in Wisconsin.

Put briefly, most people must have at least:
$250,000 in Uninsured Motorist Coverage (“UM”);
$250,000 in Underinsured Motorist Coverage (“UIM”); and
$250,000 in Liability Coverage.

Wisconsin insurance companies also offer “umbrella” insurance and I HIGHLY recommend to those considering themselves to be UPPER MIDDLE CLASS folks:
$1,000,000 in Umbrella coverage WITH an INSURANCE RIDER for -
$1,000,000 in Uninsured & Underinsured coverage.

The $1,000,000 in UM/UIM COVERAGE is key to protect you and your family.

Wisconsin Personal Injury Lawyer

Friday, April 14, 2006

Personal Injury Settlements & Verdicts

Personal injury settlements and verdicts are all our justice system has to give victims of wrongful death, malpractice, mesothelioma, etc. and when victims receive what can be a significant sum of money, it's too easy to spend it. Sadly, I recently learned of a person who received more than million-dollars and spent it in less than 2 years! This recent article has good advice for such individuals as does this Andrew Tobias book, which is one of my all-time favorites.

Today, I really like Vanguard for individuals and its Vanguard Target Retirement Funds. I invest in the latter and recommend these to friends and family, young and old. Fees are incredibly low and the funds are simple but diverse and can be aggressive or conservative depending on your age. Once you buy one, you never ever have to move the money as the funds adapt to your age using the same type of asset allocation and diversification strategies used by the best trust companies and money managers.

Wisconsin Personal Injury Attorney