Bad Legal Advice on Insurance, LLCs Can Wipe You Out

Business owners, doctors and entrepreneurs are often targeted with asset protection sales pitches from unqualified advisors. Let’s review some of the questionable advice you are getting and how to qualify your advisors. The (not so) Magic Umbrella Policy I was recently contacted by a physician with seven figures in exposed home equity and other significant […]

Protect Your Business or Medical Practice From Internal Fraud

Fraud Internal

Business and medical practice owners and managers must be aware of internal fraud and embezzlement that often capitalizes on recurring year-end cycles in revenue, spending and inventory and a lack of regular oversight. I covered some of the external fraud scheme you face at year-end in another discussion including a detailed look at invoice fraud.  While I provided […]

Crisis Management: Dealing with Bad Press at Your Business

CRISIS

 Events beyond your control and outside the scope of your business can cause reputational damage and receive media and public attention that can literally shut your business down. Knowing how to handle such an event should be part of your asset protection plan. A previous article examined the different types of crisis plans required to operate any business, especially one that […]

Asset-Protection Basics You Must Understand in 2015

BUSINESS AND MEDICAL PRACTICE OWNER LAIBILITY

Here are some key conceptual issues about Asset Protection doctors and business owners should understand as we go into a new year: 1. The best medicine, just as in your profession, is prevention, not treatment. Timing is always a key concept from a legal perspective; you may be legally unable to act (fraudulent conveyance, voidable […]

D.E.A. Raid on NFL and Doctors: Opiod Prescription Risks

Dr. Zaheer Shah, MD, JD

A recent DEA operation included the surprise search and interview of players and staff including medical staff of several NFL football teams including the Washington Redskins and the Tampa Bay Buccaneers, according to news reports. This investigative action comes on the heels of a lawsuit filed on behalf of former players alleging that NFL doctors […]

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

Slide1

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

PHYSICIAN AND HEALTHCARE EXECUTIVE LIABILITY

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 […]

Income Tax Deductions Doctors and Business Owners Often Overlook

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 […]

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

PHYSICIAN AND HEALTHCARE EXECUTIVE LIABILITY

Asset 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 […]