Is your housekeeper, chef or nanny a lawsuit liability? Probably.

The frequency and exposure of lawsuits by various domestic help is a serious and growing threat. In the last few years I have seen more claims by domestic staff including maids, nannies, housekeepers, cooks, gardeners, personal trainers and etc. than ever before. Claims include wage and labor issues, sexual harassment, personal injury, wrongful termination, and […]

Tax Scams: I.R.S Dirty Dozen Targets Doctors and Business Owners

  With fewer than 60 days until tax time the annual 11th-hour tax planning rush by doctors is in full swing. The Dirty Dozen listing, compiled by the IRS each year, lists a variety of common scams taxpayers can encounter. “Taxpayers should be careful and avoid falling into a trap with the Dirty Dozen,” IRS Commissioner […]

Medical Practice Liability Insurance Tune Up: The First Line of Defense

We’ve previously detailed both the most common fatal flaws in physicians’ asset-protection planning and the reasons insurance alone is inadequate to protect doctors. Those issues aside, insurance against known and recurring exposures is always the essential first line of defense.   As you’ve seen in this column before, it is unreasonable to think that we […]

HIPAA EXPOSURE GETS EVEN MORE ONEROUS – Medical Practice

As we’ve discussed in several previous articles, insurance that covers corporate and executive liabilities in an essential first line of defense, including Data Breach or Cyber Liability Coverage for doctors. This coverage grew even more important on Jan 25, 2013 as DHS provided additional rules and liability for medical practices which go into effect on March […]

Addressing Employee Liability Issues at Your Medical Practice or Business – 12 Month Practice Tune-up

January 08, 2013 | Finance, Risk Management, Law & Malpractice, Staff By Ike Devji, JD Happy New Year and thanks for continuing into 2013 with us. In one of my last columns of 2012, I suggested that many of the complex issues we discussed together over the last few years in this forum can seem […]

Asset Protection, Gun Ownership and Parental Liability

In the tragic and horrifying wake of the recent series of public and school shootings many people are reexamining their rights and duties and parents and gun owners. The essential legal question is, “Am I liable for criminal acts committed by my children?”, in my opinion the answer is generally yes. If an an act […]

CAN YOU BE SUED FOR NOT HIRING A CRIMINAL? YES – Asset Protection and HR

DISCRIMINATING AGAINST CRIMINALS IN YOUR WORKFORCE     QUESTION:       CAN  THE  EQUAL  EMPLOYMENT  OPPORTUNITY  COMMISSION  (“EEOC”)  CHARGE  MY  COMPANY  FOR  DISCRIMINATION  IF  WE  FOLLOW  STATE  LAWS  PROHIBITING  US  FROM  HIRING  PEOPLE  WITH  CRIMINAL  RECORDS? ANSWER:          THE  EEOC  SAYS  THAT  COMPLYING  WITH  STATE  OR LOCAL  LAWS  DOES NOT  SHIELD  AN EMPLOYER  FROM LIABILITY  FOR  DISCRIMINATION  CAUSED  […]

Is a Captive Insurance Company a Fit for Your Business or Medical Practice?

In our two previous discussions we introduced the general concept of a captive insurance company (captive) as well as specific qualifying questions to help doctors pick a good captive administrator. This week we examine some key issues that can help determine if your specific medical practice is at the point where a captive may create […]

Questions to ask Captive Insurance Provider – Asset Protection – Due Dilligence

We continue last week’s look at captive insurance companies as an asset protection, risk management, and wealth accumulation vehicle for physicians by providing some basic due diligence questions. I am frequently called upon by clients to provide an opinion or sit in on a call or meeting with a prospective captive provider. Sometimes I am […]

Start-Ups: When Does Liability for Your Business or Medical Practice Begin? – Asset Protection

The many discussions we have shared here have largely centered on asset protection and other legal and financial issues faced by physicians and business owners. The bulk of those discussions assumed that you own or run a business or medical practice. Due to the growing availability of financial and legal education resources available to business owners, […]