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. […]
Employment Review Tips for Your Medical Practice or Busienss
A new year is a logical time to a handle a variety of employment related issues. Employee reviews are a key part of the process that will help you manage liabilities and encourage continued success and performance. We’ve covered a variety of employment related issues ranging from the basic steps all business and medical practice owners and […]
Dating Website Faces $20 Million Lawsuit Over Employee Injury for Typing
A key area of asset protection planning for our 1000’s of business owner clients is the danger of employee lawsuits. Ashley Madison dot com was recently sued over a repetitive motion injury allegedly incurred by an employee that makes up the fake profiles on the site. She was then photographed rising jet-skis and engaging in […]
Private Offerings, Crowdfunding and Raising Capital – Asset Protection and Liability Issues to Avoid
A big part of asset protection is risk management, or doing things the right way the first time to avoid future expenses and legal exposure. Many of the HNW private business owners and entrepreneurs I deal with have shared their success with others by raising capital for various projects and allowing others to invest in […]
The “C” Word in business: Vital Issues To Consider With C-Corporations
The article linked below contains some simple and important issues to consider regarding the taxation of C-corps. As an asset protection attorney I’ve never been a fan of them because they are weak , if not defective from a creditor perspective as the shares can actually be taken from you as an asset and handed […]
Start-Ups: When Does Liability for Your Business or Medical Practice Begin? – Asset Protection
The many discussions we have shared here have largely centered on asset protection and other legal and financial issues faced by physicians and business owners. The bulk of those discussions assumed that you own or run a business or medical practice. Due to the growing availability of financial and legal education resources available to business owners, […]
A Physician’s Start-Up Guide: Picking the Best Real Estate for Your Medical Practice
Buying the perfect building for your medical practice requires you to consider much more than “location, location, location.” In our first two discussions on starting a new practice we’ve examined both the fine points of doctors’ serious liability for debt involved with buying a building or financing a medical practice start-up and common issues physicians […]
