#1 - Setting up an LLC to limit liability...

• ...but failing to do what's necessary to successfully limit liability.  <Link> 

• Landmen are experts; oil & gas companies have attorneys.  And they don't work for you.  <Link>

• ...without reading the contract
• ...without understanding the meaning of each and every word
• ...without knowing what's missing
  
•                <Link>

• ...without controlling the express & implied warranties given.  Know & understand the warranties you're giving, how they're given, & how they can be controlled. <Link>

• Failing to control the new home warranty with the contract.  The buyer & seller miss the opportunity to minimize the potential for problems & litigation. <Link>

• Many people do not understand insurance policy language and types of coverages, discovering a problem only after it's too late.  Understand terms like Med Pay, UM, UIM.  Understand whether your medical insurance will refuse to pay for medical bills resulting from an automobile accident, and understand what type of insurance should pay for it.
  

• If your home burns, what does your insurance pay?  Does it just pay off the mortgage?  If your house is paid off, how much does it pay?  Will it provide enough to pay for removal of the remains?  Will you have enough to pay rent?  The proper insurance can help you avoid compounding the problems.  Click <here> for more information.