How To Document Property Damage Claims at Your Business or Medical Practice: Asset Protection

Slide1As we’ve seen across the United States over the last year, severe weather, disasters and even intentional acts of vandalism can cause financially devastsing  property damage. Below are tips on how to document and pursue claims with your insurance company to enforce your rights under your  property and casualty policy.

• Step One: Actually having adequate insurance

Check on your property damage dollar limits to make sure they are adequate for the actual value of the building (and its contents) and make sure you understand important policy details like the difference between replacement cost (the dollar amount needed to replace a damaged item with one of similar kind and quality, without depreciation) and actual cash value (which pays only the amount needed to replace the item at its current market value).

• Step Two: Document everything — this is now a legal issue

As is reasonably possible, document the damage to your structure including an inventory of any damaged items you can immediately spot, including medical equipment, fixtures, signage, and office equipment, as well as documenting any appointments that had to be cancelled and other loss of revenue opportunities related to the damage. Write it down at the time so your recollection is fresh and accurate, and support that writing with pictures, video, etc. If you have a smart phone you have the ability to do this at all times.

• Step Three: Protect the property

Most polices have language that requires you to take reasonable measures to prevent further damage after it has come to your attention. This may include addressing covering damage in roof, walls, doors, and windows with temporary shelter. Your insurance policy may exclude further damage to your property if you have not taken reasonable steps to secure the property. Your insurance company will generally reimburse you for all reasonable costs to protect your property, so document everything and keep receipts for all expenses. Avoid any possible permanent repairs and major expenses until your carrier’s claims adjuster has assessed the damage.

• Step Four: Report the claim

Call and report the damage to your insurance agent or representative to start the claim process. Get a claim number issued immediately so you are in the system and have something to refer to on all future calls and correspondence; without a claim number you do not exist. It is vital to document everything. Keep a written log of all phone calls and correspondence, including the names of the people you spoke to, their telephone extensions and e-mail addresses and make copies of all correspondence sent to or received from your insurance company. Many insurance carriers intentionally obfuscate contact numbers and provide an endless maze of dead-end fax and phone numbers, in an effort to delay timely processing of claims, or “paperwork you away.” So if an insurance company employee or adjuster gives you such numbers to use, try to get them in writing.

• Step Five: Demand an adjuster and complete any forms they require

Your insurance company may use a “proof of loss” form or will simply have you make a formal verbal statement on the phone that may be recorded. You are not a contractor; so don’t give opinions on the scope of the damage, costs, and etc. It will likely be used against you later, if you do. Report the damage you’ve been able to see, any remediation you’ve had to perform, and any help you need with further remediation. Inform them you’ve documented the claim with a list and photos. The adjuster should perform a thorough evaluation of the damage, so check their inspection report, when it happens, against your own list to make sure they haven’t intentionally or accidentally omitted any losses. If the adjuster is unable to complete a thorough inspection due to time constraints he may be forced to “scope the loss.” This is a brief inspection of the damage with a second visit necessary to complete the inspection.

If your carrier gives you the run around on any issues, does not timely respond, or most likely, fails to make you an adequate settlement offer, report the issue to a claims manager and support your case with documentation, estimates, and the photos you took. You have specific rights under the laws of the insurance codes of your state; know them. They are typically easy to find on every state’s department of insurance website and will spell out your rights and the carrier’s legal obligations in plain English.

This article originally appeared at www.physicianspractice.com where Ike Devji has written over 135 articles on buisness law, risk managment and asset protection for doctors. 

Arizona Asset Protection Attorneys Featured at 17th Annual Wealth Protection Conference, May 2014

Attorneys Charlie Davis and Ike Devji will be speaking at the 17th Annual Wealth Protection Conference on May 9 and 10 in Mesa Arizona.

From Left, Attorneys Charlie Davis and Ike Devji

From Left, Attorneys Charlie Davis and Ike Devji

Topics covered at the conference will include:

How To Protect Your Assets For Generations,   How to Safely and Legally Use Offshore Trusts and Banks,  Common Fatal Flaws and Misconceptions That Cost Successful People Everything,  Asset Protection Blueprint,   Estate Planning Tips,   Must Have Assets for 2014, Tools To Help You Put Your Business Into Hyper Growth Mode, Profiting During the Impending Dollar Collapse,   Where Energy is Headed & How to Profit, Taxpayers Rights and Abuse Prevention.

Take a look at the Conference website at www.wealthprotectionconf.com and sign up today to secure your spot. If you want to bring a colleague, spouse, child, or a friend the price of a second ticket is half price.

Charlie Davis is the founding partner of Davis Miles McGuire Gardner (DMMG) in Tempe Arizona and has decades of experience in dealing with business owners and other successful Americans on issues related to real estate, tax law and advanced business planning including Asset Protection.

See more on Charlie here: http://www.davismiles.com/attorney/charles-e-davis/

Ike Devji has over a decade of national legal practice devoted solely to Asset Protection and Wealth Preservation and helps protects billions of dollars in personal assets for client base that includes thousands of businesses owners and physicians among others. Ike joined Davis Miles McGuire Gardner earlier this year to help create formal practice groups in theses areas.

See more on Ike here: http://www.davismiles.com/attorney/ike-z-devji-j-d/

About the DMMG Asset Protection Practice group:

http://www.davismiles.com/practice-areas/asset-protection/

 

 

 

Invoicing Scams Targeting Medical Practices, Other Businesses

FRAUDContinuing the theme of our last few pieces on holiday scams this week we take a look at the burgeoning industry of invoicing scams, that is, billing people for goods and services they never received, didn’t order, or don’t need. As with many of the other forms of fraud we’ve covered they peak at year-end when criminals know you and your office are busy and working with limited time.

How Bad is It?

It’s bad. By some reports this form of fraud costs medical practices, businesses, and individuals like you billions of dollars a year for goods and services they never get. The scammers are sophisticated, often mimic known, real organizations in their names and presentation, and use scary language that makes you believe you will be subject to fines, penalties, collections, and even legal actions if you don’t send them a check. They often send mailings out in large numbers, covering whole states and regions. The biggest ones even have corresponding websites and call centers that will follow up, bill, and collect from your accounting department.

What Are the Common Scam Bills They Send Out?

Everything under the sun. Common examples include goods and services like light bulbs, cleaning, maintenance, fines, and other recurring expenses your business may naturally incur. Given the large number of changes in taxes, labor laws, and health-insurance compliance issues for your staff under the Affordable Care Act, aka Obamacare, scammers are also targeting employers with false compliance and violation scare notices. A prime example is a notice a client of mine recently received from a “LABOR STANDARDS” organization in Phoenix. The invoice is conspicuously marked FINAL NOTICE in big red letters and says in bold, “Failure to comply with 2013 labor law requirements may lead to government fines and/or  audits” and demands a “fee” of $295 and states “NOW DUE.” Careful reading reveals that it is not a bill, but a solicitation that (in my opinion) intentionally looks exactly like a bill for which they’ll send you some posters that you are not required to buy by law. The state’s attorney general issued a warning about this company specifically after the notice came to my attention. The law requires that the disclaimers be as large as the largest typeface used in the letter but they usually aren’t, so read carefully.

What are the risks?

Aside from the obvious, paying for something you don’t want, need, or never saw, the scammers now have either a credit card number and all required identifying details or your checking account number. While not all of those involved in invoicing scams further misuse that information, many do and the first payment may be just the beginning of a long trail of fraud and identity theft. The end of the year is a great time to check your credit as well and immediately and formally dispute any unauthorized accounts and charges.

Red Flags to Watch Out For

• Invoices from unfamiliar vendors

 Billing from out of state or out of the U.S. for services rendered locally

• Poorly constructed websites with navigation and spelling errors

• Account numbers that are different from your usual ones, even with vendors you actually use

• Lack of verifiable contact info and phone numbers

• Unusual amounts

• Duplicate bills and invoice numbers

• P.O. Box return addresses

• Homemade invoices or photocopies without supporting documents

Breaking News

I redacted some additional detail to warn you about something else that came to my attention while I was writing this piece, a new virus that locks you out of your own computer and demands bitcoins or other untraceable forms of online payment as extortion for releasing your files. In many cases, even after you’ve paid, they hold your files hostage and make you pay more. According to reports, the scam often starts when you open an attachment to an e-mail that pretends to be a UPS or FedEx tracking notice. It’s easy to get people to click on at a time of year when you are sending and expecting many packages, including your own online shopping. Be wary and don’t open attachments; real organizations rarely send them and your antivirus is not 100 percent effective against such malicious software.

This article originally appeared at www.PhysiciansPractice.com , the nation’s leading practice management resource, where Asset Protection Attorney Ike Devji has written over 125 articles.  See them here: http://www.physicianspractice.com/authors/ike-devji-jd

Lawsuits Against Doctors Are For More Than Just Medical Care Delivered

PHYSICIAN AND HEALTHCARE EXECUTIVE LIABILITYGetting back to the asset protection roots of our discussions, today we examine a variety of liabilities for doctors that are not strictly related to the “standard of care” at the center of most malpractice claims.

If you joined us last week, we discussed so-called “defensive medicine” and the idea that limiting diagnostics based on what third parties want to pay for can lead to tragic results for patients and their doctors. There’s a logical nexus between the most common cause of medical malpractice lawsuits and the issue of what is subjectively enough diagnostics and testing. Approximately 35 percent of all such claims are related to “failure to diagnose” including the closely related claim of “misdiagnosis,” according to a 2013 medical malpractice study.

RELATED:  So-called “Defensive Medicine” is often Good Medicine and “Best Practice” for Doctors http://www.proassetprotection.com/2014/03/defensive-medicine-is-often-good-medicine-and-best-practice-for-doctors/

As serious and obvious as this exposure is to doctors, the actual care delivered is only one of many reasons that patients sue doctors. Below we examine some recent examples that range from shocking to arguable, but in most cases, it is actually the doctor’s fault.

In one recent case that displays a shocking lapse of judgment, a California anesthesiologist put stickers on a patient’s face to make a mustache, gang tears, and etc., during surgery. Upon being shown the photo, the patient sued and her lawsuit seeks damages from the hospital, the anesthesiologist, and his entire medical group for violation of privacy, infliction of emotional distress, and other allegations. Her attorney said the plaintiff was forced to leave her job ordering and maintaining supplies for the hospital’s operating rooms because she was “ridiculed and humiliated while under anesthesia.” While this may seem funny, I know plenty of attorneys that would use an incident like this as de facto evidence of the surgical team’s ineptitude in the event of any adverse patient outcome (fortunately, not a claim here) and I’d bet plenty of courts would agree.

An even more egregious case is a $1.5 million suit in Cook County, Ill., that names Dr. V. Puppala, the Feinberg School of Medicine, and the Northwestern Memorial Hospital. A patient is claiming invasion of privacy and infliction of emotional distress according to court documents. The patient was allegedly admitted to the hospital in extremely intoxicated condition and was then allegedly photographed by the attending ER physician who photographed her crying, passed out, with an IV, etc., and then not only posted her pictures on social media but later refused to take them down when requested to do so by hospital security. The plaintiff patient is a Northwestern student that had the “potential to someday work for Fortune 500 companies, which may now not occur because of said photographs,” according to the complaint.

In perhaps a more defensible case, a New York physician was sued by a patient for testing her for HIV and telling her she had it without her express consent. The treating physician was concerned about her white blood cell count after her condition failed to improve despite continued treatment and he had blood drawn and had the test done, presumably to protect her health. Unfortunately, this is a case of “strict liability” as New York law requires specific informed consent, counseling after testing, patient education, and a litany of other conditions that control how this testing is administered, regardless of the doctor’s actual intent. Given the patient’s history of non-compliance, the idea that she would have gone through all the required steps is frankly ludicrous, but I imagine a “failure to diagnose” claim would have followed in the future had he not acted and had her condition continued undiagnosed. What’s the right answer? Hard to say in case like this, perhaps having her sign a strongly written (i.e. by a healthcare lawyer) waiver of the test would have helped.

No compliance plan can protect doctors where shocking conduct, lack of common sense, or a failure to follow state law controls the claim. As always, effective asset protection for doctors involves doing the right thing in terms of policies, best practices, insurance and legal structures, and compliance for all medical personnel in the chain of care including staff and enforcing the same for your physician partners, who hold the future of your practice in their hands as well every time they see a patient.

Income Tax Deductions Doctors and Business Owners Often Overlook

CPA TJ CASEY

CPA TJ CASEY

As tax day bears down on us with increasing momentum, I turned to a CPA for some tips on commonly overlooked deductions. As always, legal and tax advice given in this forum can only be general information and can never be considered individual tax advice, so discuss these issues with your own CPA now, while meaningful discourse and even some legal tax avoidance planning is still possible.

CPA TJ Casey is experienced in working with doctors through his firm TJ Casey CPA in Mesa, Ariz. and shared the following tips. Hopefully you have your own great CPA that you can turn to and who is helping your practice stay on schedule with its own business-planning calendar.

Here are Casey’s tips:

• Take advantage of reduced income tax from participating in employee-sponsored retirement plan, generally 401(k) plans.

• Keep track of your personal medical expense deductions for possible deductions on state tax returns. Many people don’t bother to keep track of medical expenses due to federal ceilings being so high that medical is generally disallowed. For instance, in our state, Arizona, all deductions for this expense may be allowable

• Take advantage of any available state income tax credits — allocating your tax dollars to working poor, private schools, and public schools; in some states to the tune of about $2,800 each year.

• Mileage deductions for self-employed doctors and practice owners. Most people don’t keep a log, and end up not being able to justify a deduction that could be a $0.55 per mile deduction depending on your state of residence.

• Not reporting when you should. Failure to report foreign bank account and security ownership (including through trust and other legal entities) can cost a doctor up to 50 percent of the account value if discovered by the IRS.

Note from Ike: Although we have discussed the use of a variety of offshores tools by doctors in this column and I personally use them with thousands of clients nationwide, all such tools are tax neutral, and are fully reported to the IRS. The penalties for abusing these tools, as many doctors are prone to do, (often at the suggestion of unskilled or unscrupulous tax plan salesmen and financial advisors), are exceptionally onerous and carry fines of hundreds of thousands of dollars and multi-year jail sentences. Full tax disclosure means never having to say, “I’m sorry.”

• Missing Alternative Minimum Tax (AMT) credit carry forwards and missing other tax attribute carry forwards like loses from previous years you may not have been able to fully use then.

• Misreporting issues like failing to properly report debt relief income from real estate transactions like short sales or other write-offs where you escaped the full liability of financing debt.

• Paying unnecessary penalties for failure to properly and timely pay estimated tax payments (do your really want to leave a tip?)

As Casey explained to me, none of this individually may be that exciting from a numbers perspective, but not letting a number of these things get away from you has a substantial cumulative effect.

Given the time of year and the damage severe winter storms have done to many parts of the country I discovered a few other timely and important deductions to consider:

• Deductions for damages and losses due to disaster (and theft and other losses). Again this is fact-specific but we’ve seen large numbers of practices affected over the last few years by tornadoes, hurricanes, and now severe winter storms. Those in official federal disaster areas get some level of automatic qualification, but get professional advice and don’t try to deduct things that actually weren’t a loss (i.e. normal wear and tear) and for which you may have been fully reimbursed by insurance, as one prohibited example.

• Deductions for caring for a parent or other dependent individual. The IRS may allow you take a specific deduction of up to $3,000 known as the “Dependent Care Credit”  for the care of a parent or other individual that meets certain minimum qualifying criteria and who is incapable of caring for themselves.

• Deductions of a variety of common and recurring business expenses including:

• Financial advisory and financial management fees including bank fees of various types;

• The cost of last year’s tax returns;

• Property taxes you may have paid on any time share property (doctors love these); and

• Qualifying personal and business legal expenses.

Again, please explore these issues only with professional tax help in the context of your own business and personal tax returns.

This article originally appeared at www.PhysiciansPractice.com , the nation’s leading practice management resource, where Asset Protection Attorney Ike Devji has written over 125 articles.  See them here: http://www.physicianspractice.com/authors/ike-devji-jd

CPA TJ Casey has experience ranging from estate planning services coordinator in a local law firm to “Big 4″ and local public accounting. He provides his tax clients an added benefit with his extensive background and experience in estate planning both from a tax and trust administration perspective. TJ graduated from Arizona State University with his Bachelors Degree in Accounting in 2001 and Masters Degree in Taxation in 2002. He is a member of the American Institute of Certified Public Accountants, the Arizona Society of Certified Public Accountants, and is a current member of the Board of Directors for the East Valley Adult Resources Foundation. In his spare time, TJ enjoys fishing, camping, attending his children’s sporting events, and playing guitar in a Phoenix based rock band. Learn more about him at: http://tjcaseycpa.com/

Asset Protection Attorney Ike Devji featured on Esq. Resource Radio

Slide1Attorney Ike Devji was a featured guest for a 60 minute interview on Esq. Resource Radio in Scottsdale, Arizona with host Frank Lopo recently.

The interview introduced the idea of Asset Protection, common Asset Protection mistakes and misconceptions, the role of liability insurance and a number of other issues that successful individuals like doctors and business owners should consider in their own legal and financial planning.

You can hear the entire interview at the link below.

 

“Defensive Medicine” is often Good Medicine and “Best Practice” for Doctors

PHYSICIAN AND HEALTHCARE EXECUTIVE LIABILITYAsset protection for doctors is the main focus of this column (note: this article originally appeared at www.PhysiciansPractice .com, The Nation’s Leading Practice Mgmt. Resource) and we’ve examined it from many angles over the last 100+ articles I’ve shared here. Today, we examine the issue of defensive medicine, much decried by politicians and insurance companies and the role a thorough diagnosis, free of fear of such claims by a third-party payer, plays in good medicine and your own risk management plan.

The inappropriately deemed “common wisdom” regarding medical malpractice lawsuits and the overuse of diagnostics due to so-called defensive medicine is something like this:

1. There is a national medical malpractice lawsuit crisis;

2. Doctors run too many unnecessary tests to avoid being sued;

3. These tests have little medical value and are not necessary or reasonable to providing good care; and

4. It is because of this so-called abuse that healthcare and insurance costs are high, fewer medical procedures including testing can be covered, and your compensation must continually be reduced.

This is an admitted oversimplification of the arguments from both sides, but it seems to me that the loudest opponents of this standard of care regularly fall into two primary categories: marginally informed politicians looking for a hot button issue to trumpet and insurance companies and their lobbyists and publicists. It’s my opinion that neither of these groups have effective diagnosis, treatment. or doctors at heart.

I have worked with a national client base of several thousand doctors for 11 years and have seen every imaginable form of liability you can imagine. If you’re a regular reader of this column you know I take the threat to your wealth posed by litigation very seriously and have repeatedly addressed the threat of medical malpractice lawsuits in particular, so let’s assume that I agree you are at risk; in fact most of you will statistically face such a claim twice in your career.

Now, let’s look at the fact pattern behind a vast number of medical malpractice claims, a majority of which (some 35%) center on either “failure to diagnose” or “misdiagnosis” claims by plaintiff patients or worse, their surviving family members. We don’t need to look far for examples. I get news updates on medical malpractice claims, settlements, and lawsuits several times a week and cases like the recent failure to diagnose a bone infection in Texas  that lead to a suit against an orthopedic surgeon, the death of a six-year-old child in Dallas after his internal injuries were misdiagnosed as constipation and treated with enemas, and the misdiagnosis of lymphoma in Louisiana as an infection that was treated with antibiotics and which led to the patient later needing surgery and radiation are common. In the latter case, the lawsuit included claims for damages including, “medical expense, physical pain and suffering, mental anguish, economic loss, diminution of earning capacity, disability, fear of death, scarring, disfigurement and loss of enjoyment of life”. What else do these three cases have in common? They are all from the headlines of the last one week.

I’m not a doctor and my knowledge of the cases is limited to the reports I’ve shared, so humor me and assume that the facts in these are accurate as reported. I am, however, an attorney and I know many other excellent attorneys, including the ones that sue doctors (and everyone else) for a living, here’s a little of what they’ve shared with me:

• Yes, is there is a pool of crooked attorneys out there churning frivolous cases and looking to scare and extort settlements out of any poor doctor they can get their sights on;

• This group is relatively small and spends most of their time on lower level cases that are typically settled or relatively easier to win, like conventional personal injury, dog bites, car accidents, slip and falls, etc;

• The best (meaning most successful and highest recovering) medical malpractice attorneys play to win and hedge their bets by carefully screening cases. They invest significant amounts of time and actual dollars in fronting costs for many claims and don’t usually take cases they don’t think they can win or which are at least strongly arguable as to causation in their client’s favor; and

• A key element of their claims is often related to the testing that could or should have been done to prevent further distress, or worse, to the patient. This standard of care is easily arguable both ways and poses a significant risk to your career and solvency.

My advice to doctors given these fact patterns is simple: Practice “defensive medicine” that puts the full range of modern diagnostics at your patient’s disposal. Its good medicine, good risk management, and the life you save may also be your own.

 

Arizona is an Income Tax Haven for MLB Players – and makes MORE off them by being one

TAX & LEGAL Planning for Pro athletesThis interesting article caught my eye because I represent some professional athletes including MLB players and because I live in Arizona.  It has a really interesting bit of info at the end.

The conventional wisdom at play in the U.S. is that the best way to raise government  revenues is to tax wealth creators at the very highest rates possible.

Arizona makes a large amount of money by being tax friendly and allowing enterprise to flourish, vs. what the state would have made by taxing MLB players in a more aggressive way.

If you are a ball player that wants to relocate your residence to Arizona please let me know, we have some great professional resources to help you. – Ike

ORIGINAL LINK BELOW:

How Arizona Saves MLB Players Millions in Taxes

 

Estate Planning, Sugar Daddies and Lawsuits, Oh My

Given the current and often predatory nature of modern personal relationships I thought this piece by my friend and colleague Robert Sewell of Davis Miles McGuire Gardner was interesting and timely, to say the least. Bob practices heavily in the area of probate litigation, which is where late or poorly drafted estate plans end-up, usually at the detriment of the estate. – Ike Devji

Sugar-Daddy-1THE POWER OF SEDUCTION AND A DYING MAN’S WILL

Nothing looks more suspicious, though quite common, than the dying man who makes a deathbed will.  It is the stuff of Hollywood.  Picture the elderly man summoning his lawyer to his deathbed.  The lawyer drafts the will as the invalid dictates the contents.  The invalid declares that his entire estate shall pass to his wicked mistress—a young looker and manipulative gold digger.  The scarlet woman places the pen in the man’s hand and firmly demands, “sign it.”  The will is signed.  The priest reads the testator’s last rites as his soul leaves his body.  His faithful children are now destitute.

Of course, a lawsuit will follow.  The faithful children accuse the mistress (or new wife) of unduly influencing their father and demanding, in court, that the judge refuse the will.

After all, why would a loving father not provide for his children at death?  Had the mistress not used her seductive powers and lies to poison the mind of their father, the children would enjoy a profitable future.

 

Unfortunately for the children, a woman’s seduction alone is not enough to invalidate a will.

 

In the case of Parrisella v. Fotopulos, 111 Ariz. 4, 6, 522 P.2d 1081, 1083 (Ariz. 1974), the Arizona Supreme Court defines “undue influence” as follows:

Conduct by which a person unduly influences a testator in executing a will, when that person through his power over the mind of the testator makes the latter’s desires conform to his own, thereby overmastering the volition of the testator.

The court reasoned that a woman’s seductive power does meet this standard:

It is settled law of this state that [an] illicit relationship is not sufficient per se to warrant a conclusion of undue influence.  And no presumption of undue influence arises merely from the fact that a man  . . . makes a will in favor of his mistress.” Id. (citations omitted).

So, unlike in the movies, in real life, the wicked mistress just might win.

ABOUT OUR GUEST AUTHOR:

Robert Sewell Partner at Davis Miles McGuire Gardner, PLLC

Robert Sewell
Partner at Davis Miles McGuire Gardner, PLLC

 

 

Robert Sewell is a partner at the law firm of Davis Miles McGuire Gardner in Phoenix, Arizona and practices primarily in the areas of  Commercial Litigation, Probate Litigation and Real Estate Litigation. He has written on a variety or related issues. Mr. Sewell’s litigation experience involves cases in federal, state and administrative settings. He has also resolved disputes through mediation, arbitration, as well as bench and jury trials. Mr. Sewell has also worked as a professor of business law. You can contact him directly for help or through Ike Devji. http://www.davismiles.com/attorney/robert-n-sewell/

 

Attorney Ike Devji Joins Davis Miles Mcguire Gardner to Create Asset Protection & Wealth Preservation Law Group

Press Release 

Asset Protection Attorney Ike Devji joins multi-state law firm of Davis Miles McGuire Gardner, PLLC – expanding needed legal services to high net worth clients and their advisors.

Asset Protection Lawyer Ike Devji

Phoenix, February 10, 2014:  

Noted Asset Protection Attorney Ike Devji has joined the law firm of Davis Miles McGuire Gardner, PLLC (DMMG) and its multi-state legal practice in an of-counsel capacity.

Lawyer Devji is in his 11th year of focused Asset Protection legal practice and has helped protect over $5 Billion in personal assets for a national client base of several thousand physicians and private business owners, c-level executives and a small but growing group of professional athletes and entertainers for over a decade. Devji formerly acted as the managing attorney of one of the nation’s leading asset protection only law firms and remains of counsel with that firm as well.

“This new relationship does not distract from my practice focus, which remains centered on Asset Protection, Wealth Transfer and Risk Management for successful individuals”, said Devji in a recent interview.

What this new partnership achieves is the creation of a focused asset protection practice group at DMMG and an expansion of the level of service I can bring my clients and the financial advisors, CPAs and medical practice management groups that refer their most cherished clients to me. I now have the additional legal expertise of some 70 odd attorneys with a high degree of skill and experience in 17 additional legal practice areas ranging from real estate to estate planning. This allows me to focus on what I’m best at and help coordinate my clients’ other complex planning and litigation needs in the holistic way they increasingly want and need”.

The timing of this new partnership is key for several reasons, not the least of which is the vulnerable state of the wealth of many of the Southwest’s most successful business people. The last 6 years in particular has shown that there is a substantial disconnect between the needs of many Arizona residents and the relatively low level of asset protection and defensive risk management planning they have in place. “The fact so many people in Arizona and across the U.S. lost a lifetime’s worth of work by relying on insurance and traditional estate planning alone speaks for itself” says Devji. “My new associates and I are going to work hard to increase not only the level of service and protection these folks have in place, but also the level of awareness of the needs of successful entrepreneurs of all types with public at large and legal and advisory communities in particular”.

Devji and his new associates will be hosting a variety of educational events for both the public and advisors which will continue the focus of Devji’s national speaking and educational activities and expend them by adding the expertise of DMMG’s other attorneys in other areas of the law. Devji is a popular and in-demand national speaker and has taught on this issue to literally thousands of advisors and consumers nationally. His scheduled speaking engagements include presentations at the request of the Financial Planning Association of Greater Phoenix, The Arizona State Physicians Association, a private surgery group and private presentation for professional athletes at the request of a boutique wealth management firm in Atlanta. This is in addition to video teaching presentations for NBI and The American Educational Institute (AEI), which will be shown to physicians across the United States over 1000 times in AEI’s classrooms.

Ike Devji’s work as an author has appeared in print and online in countless medical journals including Physicians Practice, Worth Magazine, Advisor Today, Public Accountant, Life Insurance Selling, Financial Consultant, Best Thinking. Expert Beacon and many other sources in additional to his being a contributing author to the book Optimal Financial Health, The Doctor’s Essential Wealth Management and Preservation Handbook. Devji is has been rated “10.0 Superb” by AVVO for the years 2013, 2012 and 2011 in addition to being named a WORTH magazine “Leading Wealth and Legal Advisor” and among North Valley magazine’s “Top Lawyers” in 2013.  He is a 30 year plus Arizona resident and a double ASU Alumni.

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Contact: IKE DEVJIPro Asset ProtectionPhone: (602) 808-5540Fax: (602) 808-5553 3131 E. Camelback   Road, Suite 350Phoenix, AZ 85016www.ProAssetProtection.com

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