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Attorney Ike Devji

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Conservation Easements Require Caution

May 6, 2019 by Ike Devji, Asset Protection Lawyer Leave a Comment

My regular readers know that while I cover many different specifics of asset protection for physicians and business owners, I have several consistent core themes. One theme is that asset protection takes many forms, including using legal tax avoidance strategies to maximize what you can keep. A second recurring theme is avoiding activities that generate risk and […]

Filed Under: abusive tax schemes, business owner and entrepreneur, cpa, dentists, Doctors, real estate investing, tax deductions, tax fraud, taxes Tagged With: Asset Protection, conservation easement, Ike Devji, law, real estate investing, scottsdale, tax evasion, tax fraud, taxes

Seasonal Tax Scams Target Doctors

September 24, 2018 by Ike Devji, Asset Protection Lawyer Leave a Comment

By Ike Devji, J.D. September starts the annual income tax fraud sales season.  As doctors are aggressively pursued with a variety of tax savings plans that make big promises, knowing what you are buying and who you are dealing with is vital. Many physicians and business owners will be solicited to engage in some kind […]

Filed Under: abusive tax schemes, Asset Protection for Doctors, chiropractors, dentists, Doctors, Legal Strategies, liability, physicians, physicians personal finance, tax deductions, tax fraud, taxation Tagged With: 2018 tax planning, affinity fraud, Doctors, Ike Devji, physicians, scams, tax planning, taxes

Asset Protection Basics for Doctors: Interview

July 30, 2018 by Ike Devji, Asset Protection Lawyer Leave a Comment

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.

Filed Under: Arizona Asset Protection, Asset Protection for Doctors, asset protection strategies, dentists, Doctors, FINANCIAL ISSUES FOR DOCTORS, financial literacy, personal finance, physicians personal finance Tagged With: Asset Protection, Doctors, Dr. Tarang Patel, FIRE, Ike Devji, law, personal finance, podcasts, wealth

Protect Your Business or Medical Practice From Internal Fraud

November 6, 2017 by Ike Devji, Asset Protection Attorney Leave a Comment

Business and medical practice owners and managers must be aware of internal fraud and embezzlement that often capitalizes on recurring year-end cycles in revenue, spending and inventory and a lack of regular oversight. I covered some of the external fraud scheme you face at year-end in another discussion including a detailed look at invoice fraud.  While I provided […]

Filed Under: business legal planning, business owner and entrepreneur, chiropractors, closely held business, cpa, dentists, Doctors, Employment law, FINANCIAL ISSUES FOR DOCTORS, fraud, Medical Practice Management, Medical Practice Risk Management, Surgeons and Surgical Centers Tagged With: Asset Protection, business law, embezzlement, employment law, fraud, HR, Ike Devji, medical practice, theft

Employment Manuals Commonly Overlooked in Asset Protection Plans

September 21, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

Medical practices and other businesses of all types face many types of risk outside the strict scope of their professional liability. One major lawsuit risk to business owners and doctors is employment-related lawsuits that must be mitigated with a professionally drafted employment manual. I continually stress that a good asset protection plan has many layers, including management of all reasonably anticipatable risks. […]

Filed Under: Arizona Asset Protection, Asset Protection for Doctors, asset protection strategies, business legal planning, business owner and entrepreneur, Business Owners, chiropractors, dentists, doctor sued, Employment law, financial literacy, Medical Practice Management, Medical Practice Risk Management, small business, start-ups, Surgeons and Surgical Centers Tagged With: arizona, Asset Protection, attorney, CEDR, employee handbooks, emplymnet law, Ike Devji, medical ptractices, physicians

Crisis Management: Dealing with Bad Press at Your Business

July 28, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

 Events beyond your control and outside the scope of your business can cause reputational damage and receive media and public attention that can literally shut your business down. Knowing how to handle such an event should be part of your asset protection plan. A previous article examined the different types of crisis plans required to operate any business, especially one that […]

Filed Under: Arizona Asset Protection, Asset Protection for Doctors, Business Owners, CEO, Crisis Management Planning, dentists, Doctors, FAMILY OFFICE ISSUES, intangible assets, Medical Practice Risk Management, professional athletes, professional entertainers, social media Tagged With: Asset Protection, ceo doctor, crisis management, Dentists, executive, Ike Devji, Professional Athletes, professional reputation

LLC Sales Myths Harm Doctors, Business Owners: Asset Protection

July 21, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

It is important for every doctor and business owner to understand some basics about the Limited Liability Company, commonly known as an LLC; what it is, how it is created, and some of the benefits a well-drafted and maintained LLC can provide. Unfortunately I regularly get reports from my own clients that have been at medical […]

Filed Under: Arizona Asset Protection, Asset Protection, Asset Protection for Doctors, Asset Protection Fraud and Failures, asset protection law, asset protection strategies, Business Owners, dentists, Limited Liability Companies, LLC Asset Protection, LLC Myths Tagged With: Asset Protection, asset protection lawyer, Creditor Protection, Ike Devji, lawsuits, Limited Liability Company, llc, Physicians Practice

Medical Practice Asset Protection: EPLI Insurance

March 12, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

While this article was originally written for Physicians Practice, it applies to all employers and deals with a very significant asset protection risk, employee lawsuits. Protecting your wealth and your business requires several layers, make sure you understand all of them. – Ike Devji In another discussion on medical practice employee risk I explained covered another […]

Filed Under: Asset Protection for Doctors, asset protection strategies, business legal planning, dentists, doctor sued, Employment law, FINANCIAL ISSUES FOR DOCTORS, liability insurance, physicians Tagged With: ASC, Asset Protection, CME, Dentists, employee lawsuit liability, Employment Lawsuits, employment manuals, EPLI insurance, Surgical centers

Legal Mistakes to Avoid When Selling Medical Practices, Businesses

January 22, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

Many doctors and business owners across the U.S. are in the process of working on selling their practices and/or on a succession plan. Here are four common legal issues to watch out for when selling your medical practice, or any other business: 1. Failing to be independently represented Whether buying or selling a practice, it’s […]

Filed Under: asset protection strategies, business valuation, dentists, FINANCIAL ISSUES FOR DOCTORS, Medical Practice Risk Management, physicians, Succession and Transition Planning Tagged With: Asset Protection, busienss sale, Exit Planning, finance, Ike Devji, Sucession Planning

Asset-Protection Basics You Must Understand in 2015

January 22, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

Here are some key conceptual issues about Asset Protection doctors and business owners should understand as we go into a new year: 1. The best medicine, just as in your profession, is prevention, not treatment. Timing is always a key concept from a legal perspective; you may be legally unable to act (fraudulent conveyance, voidable […]

Filed Under: Asset Protection, Asset Protection for Doctors, asset protection strategies, chiropractors, dentists, Doctors, Ike Devji, Medical Practice Management, Medical Practice Risk Management Tagged With: arizona, Asset Protection, CME, Concepts, Doctors, EDU, Ike Devji, lawyers, risk, strategies

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See Ike’s Work In Action

· Ike Devji on Acrimoney.com
· Ike Devji on CFO ADVISORS
· Ike Devji on Infosec Island
· Ike Devji on Risk and Threat Management

Money Matters Interview

Recent Posts

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