9 ms·
One of the reasons I planed to put most of my money in an expensive home and paying cash is to protect against liability. I had always thought your entire home
by throwaway803453 5y ago
One of the reasons I planed to put most of my money in an expensive home and paying cash is to protect against liability. I had always thought your entire home is protected against lawsuits, but according to the link below it is only between $300k-$600k in CA. Meaning if someone 100% owns their $1M primary residence in CA, a lawsuit could force them out of their home. Please tell me I am misunderstanding this.
https://www.jdsupra.com/legalnews/2021-say-hello-to-california-s-new-13281/ https://www.jdsupra.com/legalnews/2021-say-hello-to-californ...