Both the United States and many other key world powers face a current turbulent political and economic landscape. A variety of financial experts are predicting something ranging from a significant economic slowdown to another full-blown recession. While times are good, business owners and professionals like physicians should examine the lessons many successful Americans learned the hard […]
Asset protection takes many individual forms and ranges from simple to complex, but there are some universal basics. Proactively addressing these core defensive issues now will help protect your assets while you still have the greatest number of predictable, cost-effective options, and a legal right to do so. Personal insurance The single most cost-effective asset […]
Any business or medical practice with multiple owners must have a funded buy-sell agreement in place to protect the partners and their families from the death or exit of a partner. We look at what should be covered in this essential legal document and what happens when it isn’t complete. What is a “buy-sell” agreement? […]
Will your legal and financial planning really protect your family and your business? Asset Protection attorney Ike Devji on the tough questions you must ask about your own plans TODAY, while you still can. Many of those I counsel are in high-income, high-stress, and high-liability professions. Wethger you are a busienss owner, entrepreneur, physician, your planning […]
Whether you are an advisor looking for the best help for your clients or a successful individual doing your own due diligence, knowing the right questions to ask to qualify a so called “asset protection” expert is more important than ever before. Failing to do so and working with amateurs, or worse, non-attorney promoters can not only cause […]
In a previous post I shared the details of the incomplete (if not financially fatal) advice one physician got from a source with questionable experience. That advice involved some common misconceptions among lay people and advisors about very basic legal and risk management concepts. Understand the REAL Role of Your Estate Planning For the most successful and/or […]
Data Breach and Cyber Liability insurance is a vital first line of defense against a variety of exposures for any business that takes payments, has confidential information, uses social media or has a duty to protect HIPAA information, as just a few examples. Asset Protection lawyer Ike Devji explains what every business owner and entrepreneur […]
In part two of a 5 part educational video series for entrepreneurs, Asset Protection and Wealth Preservation expert Ike Devji explains why EPLI insurance (employment practices liability insurance) is so vital for business owners and entrepreneurs to protect themselves form variety of risks as employers.
Understanding the Vital Role of Your Umbrella Policy (And Why It is Not Enough On It’s Own) Financial columnist Steve Savant interviews asset protection attorney Ike Devji on Asset Protection Strategies for Business owners and entrepreneurs.
Ike Devji’s fifth video in five part interview series with financial expert Steve Savant. Ike discusses amateur planning like “friendly liens” and why insurance, although vital, is not adequate asset protection for business owners and entrepreneurs by itself.