Being in the construction industry means dealing with lawsuits. On today's podcast we are happy to have construction Attorney Bill Porter join the wealth preservation podcast. Mr. Porter has nearly 30 years working with some of the biggest construction firms and their sub contractors in California. He is also very active at the state house helping write common sense legislation that protects every citizen in California. Bill offers some eye opening stories about the risks associated with signing personal guarantees, and how to limit that risk. He also gives some great tips on how to deal with construction litigation in California. Bill is also the owner of www.appliedlegal.com. Where you can learn the foundation of Mechanics Liens, Preliminary Notices, Payment Bond Claims and other valuable tools that will help you protect yourself and your business. We hope you enjoy all this great information. Bill also speaks to why every business owners should take advantage of the California Private Retirement Plan.