In the fifth episode of Ask the Lawyers, hosts Evan Schwartz and Matt Conroy answer your legal questions, no matter how big, small, or complex.

Evan and Matt dive into the critical first steps to take when facing a divorce, emphasizing the importance of seeking legal counsel early to understand your rights and protect your interests. The discussion then shifts to the world of insurance, demystifying "bad faith" claims and explaining how state laws can dramatically impact your ability to recover damages beyond your policy limits. They draw compelling parallels between business partnership breakups and divorces, highlighting how emotion can drive costly litigation and sharing strategies for reaching a negotiated resolution. The episode also covers the essentials of estate planning, including why a will is crucial for protecting your family and assets, and provides a step-by-step guide on what to do immediately following a car accident.

Takeaway:

Whether navigating a personal crisis like a divorce, a business dispute, or an unexpected accident, proactive legal knowledge is your greatest asset. Understanding your rights, the potential consequences of your actions, and when to seek professional advice can prevent costly mistakes and lead to better outcomes. Preparing for the unexpected through sound legal and estate planning is essential for protecting yourself and your loved ones.

Have a question for Evan and Matt? Send it to mhm@schlawpc.com and they'll answer it on a future episode.