Protecting Your Business From Data Breaches & Cyber Liability

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 […]

EPLI Insurance is Asset Protection for Employers

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.

Asset Protection: What Your Umbrella Policy Covers

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.

Asset Protection VITAL When Selling Your Business

  Asset protection, perhaps counter intuitively, is just as important for entrepreneurs who are selling their businesses as it is for those who are running one. In fact, “selling a business” is one of my “risk factors” listed in the chart below. Most so-called succession and exit planners focus only on the deal terms, taxation, the valuation, estate planning, life insurance sales and where your sales […]

Video: Asset Protection Blunders Part 5

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.

Fatal Flaws of Asset Protection Part 4

FATAL FLAWS

Asset Protection attorney Ike Devji interviewed by Financial expert Steve Savant. In part four of this five part consumer legal education video series, Ike discusses using LLCs and common scams and defective strategies like gifting that business owners and entrepreneurs should avoid.

Video: Common Asset Protection Mistakes Pt. 3

FATAL FLAWS

  Asset protection lawyer Ike Devji discusses common fatal mistakes in asset protection planning. In part 3 of his 5 part interview series with financial expert Steve Savant Ike discusses how entrepreneurs and business owners might use the wrong legal tools or actually drag liability back into their safe legal planning.

Are Changes To Trump’s Trust an Asset Protection FAIL?

Photo Credit and Copyright Gage Skidmore. Used under Creative Commons License : https://flic.kr/p/Ej4WVY

Donald Trump’s creditors and those currently involved in lawsuits against him may be celebrating. Trump was in the news again this morning for changes made to the trust that  holds and controls his business interests. According to new reports, changes were made to Trump’s trust in February, shortly after the inauguration. Based on news reports […]

So You Finally Won the Powerball Lottery: How to Keep Sudden Wealth

windfalls

A financial windfall can be a blessing, a curse or more likely a combination of the two. Knowing what to do if you win the Powerball lottery or have any other event of sudden wealth is key. As asset protection and wealth preservation attorneys my colleagues and I deal not only with those who have […]

Year-End Tax-Scams Targeting Doctors and Business Owners

TAX FRAUD

 The year-end planning rush so familiar to physicians has many pitfalls including a variety of serious tax scams. Some scams covertly target you externally, while others are actually brought to doctors and business owners by their own would-be advisors; today we provide some red flags to look out for on both fronts. This is part […]