LLC Basics For Consumers: Asset Protection

Business owners and Doctors are increasingly bombarded with a variety of asset protection information from different sources of varying skill and experience. One common tool that attorneys and non-attorney promoters alike often focus on is the limited liability company or “LLC.” Unfortunately, because LLCs are relatively simple to create and maintain, they are routinely misused […]

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

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 […]

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

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 […]

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  […]

Common Fatal Flaws of Asset Protection Planning

© 2003-2018  Ike Devji, J.D. For the last 15 years years the sole focus of my legal practice has been Asset Protection and Estate Preservation planning that has touched literally thousands of clients representing billions of dollars in personal assets. During that time I have seen the best and the worst of the planning available […]

What You Must Know About Selling a Business in a Depressed Economy.

There are certain things we always warn our clients about when they are selling a business. One of the issues we regularly address is making sure that the seller and their unrelated personal and business assets are adequately protected from any potential future litigation, including that often created by the buyer if he or she […]