Asset Protection 101
“Start Your Journey Here”
While this site has a great deal of information for those needing asset protection and their advisors, there are some basic due diligence issues that every successful person should understand. We’ve broken down some of the most common issues into short, easily digestible summaries at the links below that will provide a good starting point to preserving your wealth.
Who Needs Asset Protection?
RISK FACTORS OF THOSE NEEDING ASSET PROTECTION
- They are high net-worth, high liability, or they will be soon (i.e. new doctor, rookie, athlete, new business owner)
- They drive a vehicle and/or own a home
- They are a board member, officer or director of a public or private business
- They are a board member of a charitable, school private foundation or other board
- They have assets that would be difficult to replace if lost or reduced
- They have employees
- They own their own business
- They have professional liability
- They own liability generating assets like investment real estate
- They are highly visible locally or nationally and are perceived to hold substantial wealth
- They have children, spouses and other extended family in their homes and driving their vehicles
- They are selling a business and replacing recurring income with a single lump sum
Common Questions
Top Categories
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- View All
- Asset Protection
- Asset Protection for Doctors
- asset protection strategies
- business legal planning
- business survival
- financial literacy
Recession Asset Protection – Is My Bank Safe?
One very common concern and question during times of economic hardship, like the recession many believe we are now entering ...
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Asset Protection for Pain Management Doctors and Anesthesiologists
Asset protection attorney Ike Devji shared tips from nearly two decades of experience providing asset protection planing for physicians on ...
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Asset Protection For Doctors: Ike Devji for Medical Economics
Asset Protection attorney Ike Devji’s recent articles on asset protection for physicians include the following for Medical Economics. It shares the ...
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Asset Protection: Surviving A Coronavirus Recession
Asset Protection planning in many forms is vital during a recession. This three-minute video outlines the most predictable threats to ...
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Headlines Reveal Doctor’s Real World Risks
Those stories, like the others we will examine through the year, help illustrate the value of multi-layer defensive planning that ...
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Why Your Business Needs a Social Media Policy: Business Asset Protection
Social media usage by business owners and physicians is at an all-time high, but it brings new risks with it. ...
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