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Attorney Ike Devji

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Asset Protection for Pain Management Doctors and Anesthesiologists

May 13, 2020 by Ike Devji, Asset Protection Lawyer Leave a Comment

Asset protection attorney Ike Devji shared tips from nearly two decades of experience providing asset protection planing for physicians on his recent guest appearance on the “Anesthesia Success” video podcast. Hosted by physician financial expert Justin Harvey, who is married to a physician, the podcast covers a variety of financial issues for pain management physicians […]

Filed Under: Asset Protection for Doctors, doctor sued, malpractice insurance, Medical Practice Management, Medical Practice Risk Management, physicians personal finance Tagged With: Anesthesiologists, Asset Protection, Doctors, Ike Devji, Justin Harvey, personal finance, Philadelphia, physicians investing, physicians personal finance, podcast, risk, scottsdale

Headlines Reveal Doctor’s Real World Risks

March 3, 2020 by Ike Devji, Asset Protection Lawyer Leave a Comment

Those stories, like the others we will examine through the year, help illustrate the value of multi-layer defensive planning that includes compliance, all the right kinds of insurance and protective legal tools. They also show us that the scope of risk physicians face goes far beyond traditional “hands-on” medical malpractice and that asset protection for […]

Filed Under: Asset Protection, Asset Protection for Doctors, asset protection law, Business Asset Protection, Director and Officer Liability, malpractice insurance, Medical Practice Risk Management, Retirement Plan Creditor Protection, tax fraud Tagged With: Asset Protection, directors and officers, fertility medicine, Ike Devji, medical malpractice insurance, physicians, risk management, telemedicine

Doctor’s Defamation Liability on Social Media

October 9, 2019 by Ike Devji, Asset Protection Lawyer Leave a Comment

Doctors use of social media to promote themselves, their practices, side hustles and a variety of passions and social causes is at an all time high. Being online has its own laws and risks, including various defamation related liabilities. Here are some legal basics all Physicians (a.k.a. #SoMeDocs) need to know before they post. Where […]

Filed Under: Asset Protection for Doctors, doctor sued, Doctors, liability, liability insurance, Medical Practice Management, Medical Practice Risk Management, physicians, social media Tagged With: #SoMeDocs, Asset Protection, Ike Devji, lawsuits, lawyer, physicians, professional liability, risk management, social media

Why ALL Business Partnerships Must Have a “Buy-Sell” Agreement

July 31, 2018 by Ike Devji, Asset Protection Lawyer Leave a Comment

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?  […]

Filed Under: Arizona Asset Protection, Arizona Estate Planning, Asset Protection, Asset Protection Education, Asset Protection for Doctors, business law, business legal planning, Business Owners, buy sell agreement, Medical Practice Management, Medical Practice Risk Management, partnerships, personal finance, Succession and Transition Planning, Wealth Transfer Strategies, women & money Tagged With: arizona, Asset Protection, business continuation plan, business law, buy-sell agreement, Dentists, Doctors, Family Business, Ike Devji, law, partnerships, personal finance, small business, succession plan

More Self Defense for Captive Insurance Company Owners

February 27, 2018 by Ike Devji, Asset Protection Lawyer Leave a Comment

Captive insurance companies may be ticking times bombs of legal and financial liability for their owners. Captive owners must act quickly, be educated about specific risks and be well represented by counsel. I previously provided specific examples of the abusive fact patterns that have drawn the ire of the I.R.S. and a list of red flags […]

Filed Under: Business Owners, captive insurance company, Doctors, FINANCIAL ISSUES FOR DOCTORS, liability insurance, Medical Practice Management, Medical Practice Risk Management, tax deductions, tax fraud, taxes, Wealth Transfer Strategies Tagged With: arizona, audits, captive insurance, dirty dozen, Doctors, I.R.S., Ike Devji, phoenix, risk management, tax fraud

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

Negative Publicity: Crisis Management for Businesses, Medical Practices

October 27, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

Issues in the news like the recent Ashley Madison data dump prove how negative publicity related to your practice or  the personal activities of any of its owners or employees, can have devastating effects on your professional reputation and financial solvency. Regardless of the cause, every business and medical practice owner and manager should understand some PR crisis […]

Filed Under: business legal planning, business owner and entrepreneur, Business Owners, business survival, CEO, closely held business, Crisis Management Planning, Director and Officer Liability, Leadership & Management, Legal Strategies, Medical Practice Management, Medical Practice Risk Management, reputation management Tagged With: ashley madison, Asset Protection, crisis management, Ike Devji, medical practice management, professional reputation, public relations, social media usage

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

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

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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

  • The Business Roundtable Podcast: Asset Protection
  • The Risks of Doing Business With Family Members
  • Campaign Contributions: What Business Owners Need to Know
  • Recession Asset Protection – Is My Bank Safe?
  • Asset Protection for Pain Management Doctors and Anesthesiologists

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