Asset protection issues for business owners and physicians aren’t contained by the walls of your business. A recurring risk I regularly deal with and answer questions on from clients is the effect of extended families and old-world cultural norms on asset protection plans. Lost In Translation — When Old World Values Create Current Legal Risks […]
Campaign Contributions: What Business Owners Need to Know
Political Contribution FAQs – Business Rules, Anonymity, Limits By Ike Devji, J.D. The corona virus crisis, its intersection with healthcare policy and how it has personally affected business owners and physicians across America has encouraged many to be more politically active than ever before. Here are the basic answers to some common legal questions about […]
Asset Protection For Doctors: Ike Devji for Medical Economics
Asset Protection attorney Ike Devji’s recent articles on asset protection for physicians include the following for Medical Economics. It shares the 20/20 hindsight gained by helping to protect the success and manage the risks of thousands of successful Physicians for nearly two decades. Experts have consistently warned us for several years that another recession was possible, […]
So You Finally Won the Powerball Lottery: How to Keep Sudden Wealth
A financial windfall can be a blessing, a curse or more likely a combination of the two. Knowing what to do if you win the Powerball lottery or have any other event of sudden wealth is key. As asset protection and wealth preservation attorneys my colleagues and I deal not only with those who have […]
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 […]
Invoicing Scams Targeting Medical Practices, Other Businesses
Continuing the theme of our last few pieces on holiday scams this week we take a look at the burgeoning industry of invoicing scams, that is, billing people for goods and services they never received, didn’t order, or don’t need. As with many of the other forms of fraud we’ve covered they peak at year-end […]
Personal Liability Insurance Umbrella Policies Remain Vital Asset Protection for Doctors, Business Owners
The law, like medicine, offers few absolutes: Personal liability umbrella policies are not a “magic bullet” that either always or never works. Despite their limits, they remain a key tool in your personal asset-protection plan and your most essential (and affordable) first line of defense. We’ve discussed the fact that many doctors and business owners […]
Asset Protection Lawyer Ike Devji: Real Estate Liability Issues for Investors: AUDIO INTERVIEW
Asset Protection Attorney Ike Devji was recently interviewed for the second time by Joe Scarp and Korene L. Clopine-Seaman, the hosts of Your Source For Real Estate Radio in Scottsdale, Arizona. Ike discussed a variety of liability and asset protection issues for real estate, owners, investors and developers including the most common mistakes in real estate […]
Asset Protection Trusts For Doctors – An Introduction
Asset-protection strategies for physicians take many forms and range from sound policies and procedures that seek to minimize risk and liability to crisis-management plans, the right kinds insurance, and, finally, specific legal tools. All of these strategies can be valid and effective parts of a true asset protection and risk management system and the key […]
Bad Advice Doctors, Business Owners Get from Financial Advisors
As we have discussed here multiple times in the past, the most effective wealth preservation planning has four key components: tax planning, legal planning, investment planning, and insurance planning. Fortunately, more advisors from different disciplines are adopting a more holistic view of their clients and educating themselves in a variety of areas outside their own […]
