Will your legal and financial planning really protect your family and your business? Asset Protection attorney Ike Devji on the tough questions you must ask about your own plans TODAY, while you still can. Many of those I counsel are in high-income, high-stress, and high-liability professions. Whether you are a business owner, entrepreneur, physician, your planning […]
Prenuptial Agreements Key Issue in Asset Protection
One of the issues most likely to adversely affect your wealth is a simple statistic: nearly 50 percent of marriages end in divorce. With the summer wedding season upon us it’s time for a simple discussion of prenuptial agreements and why they must be part of every business owner, executive and physician’s risk-management plan. I […]
CEO and Executive Liability INCREASING with SEC: Asset Protection
We’ve implemented asset protection planning for a variety of CEOs and executives for many years. Some of these clients are highly compensated executive employees of public or private corporations, others are the owners (and hence the executives) of their own closely held businesses. Given the social and economic climate of the last few years and […]
Is your housekeeper, chef or nanny a lawsuit liability? Probably.
The frequency and exposure of lawsuits by various domestic help is a serious and growing threat. In the last few years I have seen more claims by domestic staff including maids, nannies, housekeepers, cooks, gardeners, personal trainers and etc. than ever before. Claims include wage and labor issues, sexual harassment, personal injury, wrongful termination, and […]
What Could Bravo’s ‘The Queen of Versailles’ have to do with Asset Protection?
Quite a bit actually as it shows the stupidity of reckless excess spending, the importance of having cash (even for the rich) and the failure of most contemporary estate planners and business lawyers to plan ahead and think defensively, yes even the super smart ones who work only with rich people. – Ike Devji […]
Corporate Officer and Director Liability for Crimes Comitted By Company – CEO ASSET PROTECTION
An area of liability and exposure that is becoming more common and which is routinely overlooked in planning is Officer and Director liability including both civil and criminal liability. This issue affects a variety of C-level executives from the traditional C.E.O. right through C.T.O. as the witch hunt continues. The first lines of defense are simple, […]
THE VAULT: Asset Protection, Cash Alternatives and Life Insurance – UPDATED
In the week ending august 14th another 24 Billion dollars left the securities market for the relative perceived safety of cash. These billions of dollars simply added to the trillions of dollars already allocated that way because of fears of instability in the securities and real estate markets. This large liquidity position has not gone un-noticed, unfortunately […]
Due Dilligence and Why the Background Check You Used Won’t Work
Due Diligence is a commonly overlooked or underestimated tool, and a an essential plan of any business venture or financial entanglement, especially now in the golden age of fraud. One of my top resources for clients is Greg George of GTI Advisors, he shares some exeprt insight on the false comfort of commercially available background […]
