Asset Protection Attorney Ike Devji Featured In Wall St. Journal

Asset Protection Attorney Ike Devji

Phoenix, Arizona. Asset Protection attorney Ike Devji was recently featured in a Wall Street Journal story about Offshore Asset Protection Trusts by Norb Vonnegut. “It was pleasure to be part of Norb’s story, especially since he took the time to ask the right questions and do his homework, most reporters focus only on the sensational […]

Is Using Offshore Trusts for Asset Protection Still a Good Idea?

OFFSHORE ASSET PROTECTION TRUSTS

There are many specific methods for implementing Asset Protection planning, some work some don’t. We’ve always had a bias towards the use of offshore trust structures set up at the right time, in the right place with the right language. Why? Because they take the discretion away from plaintiffs and their attorneys and create a […]

What is an ILIT or Irrevocable Life Insurance Trust ? (and why should doctors and business owners use it)

ILIT

We’ve previously devoted a number of discussions to the use of life insurance by physicians and business owners including a look at how to buy insurance and discussions of its specific uses and how much life insurance a doctor and his or her spouse should have. This week we take an introductory look at a […]

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

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As 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 […]

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

From Left, Attorneys Charlie Davis and Ike Devji

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

Lawsuits Against Doctors Are For More Than Just Medical Care Delivered

Getting 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 […]

Asset Protection Attorney Ike Devji featured on Esq. Resource Radio

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Attorney 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 […]

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. Phoenix, February 10, 2014:   Noted Asset Protection Attorney Ike Devji has joined the law firm of Davis Miles McGuire Gardner, PLLC (DMMG) and its […]

Common Mistakes Some Smart Women Still Make With Money, Estate and Legal Planning

WOMEN AND WEALTH

I’m fortunate to deal with a number of successful women across the U.S. Whether they are C.E.O.s, doctors, some other kind of professional or business owner or simply the stay at home family C.E.O. that helps manage the family’s wealth and success. Over the last ten we’ve seen both positive and negative behavior patterns among different […]

Essential Legal and Financial Documents, an Emergency Checklist

VITAL LEGAL DOCUMENTS

Finding key documents can be trying and laborious under the best circumstances, even with plenty of notice, like at tax time every year. Finding them under stress or worse, having to have someone else sort through the entirety of the paperwork you have hoarded after an emergency, death or other crisis is often impossible. This […]

Asset Protection and Wealth Preservation Attorney and Author to Speak on in Maui, November 21st, 2013

A Seminar About Protecting Your Wealth and Assets

FOR IMMEDIATE RELEASE:   Maui, HI.  November 17, 2013. Asset Protection Attorney Ike Devji will be the featured guest speaker at a November 21st, 2013 educational seminar for doctors, business owners and other high net worth individuals sponsored by Ronsman & Associates, a wealth advisory firm serving specially qualified clients in Hawaii, Arizona and Alaska.   […]

Dating Website Faces $20 Million Lawsuit Over Employee Injury for Typing

EMPLOYEE LAWSUIT LIABILITY

A key area of asset protection planning for our 1000′s of business owner clients is the danger of employee lawsuits. Ashley Madison dot com was recently sued over a repetitive motion injury allegedly incurred by an employee that makes up the fake profiles on the site. She was then photographed rising jet-skis and engaging in […]

Personal Liability Insurance Umbrella Policies Remain Vital Asset Protection for Doctors, Business Owners

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The law, like medicine, offers few absolutes: Personal liability umbrella policies are not a “magic bullet” that either always or never works. Despite their limits, they remain a key tool in your personal asset-protection plan and your most essential (and affordable) first line of defense. We’ve discussed the fact that many doctors and business owners […]

CEO and Executive Liability INCREASING with SEC: Asset Protection

CEO & Executive

We’ve implemented asset protection planning for a variety of CEOs and executives for many years. Some of these clients are highly compensated executive employees of public or private corporations, others are the owners (and hence the executives) of their own closely held businesses. Given the social and economic climate of the last few years and […]

Crisis Management Plans for Business Owners and Doctors: Personal Saftey

The recent tragic events in Washington, Colorado and Wisconsin are just three examples of the realities that leaders and executives of medical practices must be prepared to deal with in an effective and organized way. Unfortunately for most of us, the first time our name is in the newspaper is usually not a happy event; […]

Medical Marijuana: Legal Issues for Physicians

MMJ

Nearly two dozen states now allow the legal use of medical marijuana. Given the growing mainstream acceptance of the drug as a potential natural alternative for a variety of pharmaceuticals, physicians are more apt to get questions about it than ever before. Today we take a first look at a variety of legal issues and common questions […]

Asset Protection Trusts For Doctors – An Introduction

Asset-protection strategies for physicians take many forms and range from sound policies and procedures that seek to minimize risk and liability to crisis-management plans, the right kinds insurance, and, finally, specific legal tools. All of these strategies can be valid and effective parts of a true asset protection and risk management system and the key […]

VIDEO: How does an Irrevocable Life Insurance Trust or ILIT Work? Life Insurance Creditor Protection

Great introduction to some benefits of a life insurance trust. Of course, from my perspective, which is always based on wealth preservation, a key benefit not mentioned is that PROTECTS the cash value and death benefit for both the insured and the beneficiaries.  – Ike Devji    

Private Offerings, Crowdfunding and Raising Capital – Asset Protection and Liability Issues to Avoid

CINDY KING

 A big part of asset protection is risk management, or doing things the right way the first time to avoid future expenses and legal exposure. Many of the HNW private business owners and entrepreneurs I deal with have shared their success with others by raising capital for various projects and allowing others to invest in […]

Drug-Based Treatment Liability Issues for Physicians

DRUG LIABILITY

A variety of medical specialties use drug-based treatments administered by the  physician’s office as a routine part of their treatment regimes. This usage presents expanding serious liability issues that require serious consideration  and risk management. The use of specialty-compounded drugs to treat a variety of ailments is on the rise (one recent report says they […]