LAKE SUCCESS, N.Y. (PRWEB) July 02, 2014
Parents of college students could be held responsible for accidents and other legal or financial problems their children cause if parents fail to take simple steps to shield their assets from exposure to liability, The Law Office of Cohen & Jaffe LLP warns in a new resource.
The law firm advises parents of college students to “be proud, but also be wary of the fact that a child away at college raises new and unique possibilities for lawsuits.”
Richard S. Jaffe, a partner in the Long Island-based firm, has produced a quick guide to help parents protect themselves – and their children’s college savings – from legal claims.
“As we point out on the web page and accompanying infographic, parents are not always liable for injuries their children cause, but there are many instances in which they could be held liable and should take steps to protect themselves,” Jaffe said.
The law firm explains parents’ potential liability for college students’ car accidents and credit card debt and for allowing underage drinking at parties. In addition to explaining potential liabilities, the piece provides steps parents can take to minimize their exposure to risk.
“Insurance is one key,” Jaffe said. “Personal injury liability lawsuits that are successful are paid through insurance first – including car and homeowner’s liability insurance – before other assets may be pursued. For some households, having an umbrella policy is the best way to protect assets, including college savings funds.”
“Tips for Parents of College Students to Help Avoid Liability” is one of several informative pieces on the website for The Law Office of Cohen & Jaffe. The page includes a downloadable infographic and buttons for sharing the page through Facebook, Twitter and other social media.
Other Cohen & Jaffe information and resource pages address steps to take after a car accident, the importance of taking photos as evidence, immigrants’ injury rights, what to wear to court and how to hire a personal injury lawyer.
Cohen & Jaffe is a New York personal injury law firm that pursues legal claims on behalf of people injured in car accidents, workplace accidents, premises liability cases (slip-and-fall accidents, dog bites and negligent security, for example), medical malpractice cases and more.
“Don’t end up in my office,” Jaffe warns in the college student liability resource. “And don’t end up in a worse position – across the courtroom from me at the other table.”
About The Law Office of Cohen & Jaffe LLP
The Law Office of Cohen & Jaffe LLP takes pride in providing personalized, compassionate, aggressive and effective legal services to personal injury victims on Long Island and throughout the New York City metro area. The firm handles a wide range of personal injury and wrongful death cases, including car accidents, workplace injuries, medical malpractice and premises liability. The firm’s office is located on Long Island at 2001 Marcus Avenue, W295, Lake Success, NY 11042. For more information, call Cohen & Jaffe at 516-358-6900 or fill out an online contact form.