The Estate & Asset Protection Law Firm Owner, Shannon Pawley, Writes About An Underused And Important Tool In Estate Planning Strategies.
Estate & Asset Protection Law Firm Owner, Shannon Pawley, writes about the underused power of Umbrella Insurance Policies in estate plans and the importance they can play if tragedy were to strike.
DECATUR, GA, August 31, 2022: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new article on the law firm’s website entitled “An Underused Tool In Estate Plan Strategy: Umbrella Insurance.” Ms. Pawley covers the importance of having this type of policy even if they are never used.
“We love to think that life is predictable,” Pawley writes. She adds, “But the fact is, life can be and often is very unpredictable. Things happen that we could never even imagine.” She continues, “Of course, these unimaginable and unpredictable events don’t happen every single day in our lives, but when they do they turn things upside down and sideways. Sometimes the unexpected events that happen can literally ruin people’s lives.”
Pawley explains, “I’m not referring to acts of God and nature such as the pandemic or hurricanes, earthquakes, and floods. I’m talking about things like you or your child causing a car accident that results in serious injuries or the deaths of others. Or if your dog was attacked by a stranger on your property and bit the person in self-defense and they sued you.” She asks, “How would you pay for the treatment and damages if someone was hurt and suffered greatly because of injury caused by you or your child or your pet?”
According to Pawley, “This is where an umbrella policy (also called an excess liability policy) can make an important difference as part of your estate plan. This is an often overlooked and underused tool. Yet, it can be the saving grace if such tragedies that I mentioned occur.”
The entire article can be read at LINK HERE
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Shannon M. Pawley, J.D., LL.M
As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence