Here is what luxury homeowners, buyers, and sellers need to know about construction costs, closing delays, insurance, and why you are probably under-insured for the loss or damage of your home.
The Business Roundtable Podcast: Asset Protection
Asset Protection attorney Ike Devji was recently a featured guest on the Business Roundtable Podcast with host Matt Battaglia. LISTEN NOW: Asset Protection: Business Roundtable Podcast EPISODE DESCRIPTION Topic: Asset Protection Guest: Ike Devji, Asset Protection Lawyer Ike shares expertise in the areas of asset protection, trusts, LLC, off shore asset protection and lawsuit protection […]
Small Business Recession Survival
Both the United States and many other key world powers face a current turbulent political and economic landscape. A variety of financial experts are predicting something ranging from a significant economic slowdown to another full-blown recession. While times are good, business owners and professionals like physicians should examine the lessons many successful Americans learned the hard […]
Why ALL Business Partnerships Must Have a “Buy-Sell” Agreement
Any business or medical practice with multiple owners must have a funded buy-sell agreement in place to protect the partners and their families from the death or exit of a partner. We look at what should be covered in this essential legal document and what happens when it isn’t complete. What is a “buy-sell” agreement? […]
Asset Protection Basics for Doctors: Interview
Asset Protection attorney Ike Devji helps protect thousands of doctors nationally and is a frequent CME presenter and author on this area of the law. Here is his first interview with “Doctor Money Matters” a national podcast dealing with personal finance issues for physicians, hosted by Dr. Tarang Patel.
How To Pick An Asset Protection Lawyer
Whether you are an advisor looking for the best help for your clients or a successful individual doing your own due diligence, knowing the right questions to ask to qualify a so called “asset protection” expert is more important than ever before. Failing to do so and working with amateurs, or worse, non-attorney promoters can not only cause […]
Guns, Liability and Medical Practice Security
What every medical practice and small business owner must consider about gun violence, personal security, and their own legal liabilities. In the continuing wake of the tragic Parkland and Santa Fe school shootings as well as the most recent nationally reported act of violence against a Scottsdale Arizona Physician*, America is once again examining its relationship […]
Captive Insurance Companies In Harm’s Way
Captive insurance companies owned by small businesses and doctors are often thinly disguised abusive tax shelters. Their owners and their promoters are currently being harshly examined by the I.R.S. and knowing what to ask, what do and what not to sign will be vital to the financial futures of all involved and can put you […]
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 […]
When An Estate Plan Isn’t Asset Protection
In a previous post I shared the details of the incomplete (if not financially fatal) advice one physician got from a source with questionable experience. That advice involved some common misconceptions among lay people and advisors about very basic legal and risk management concepts. Understand the REAL Role of Your Estate Planning For the most successful and/or […]
