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? […]
Ike Devji’s fifth video in five part interview series with financial expert Steve Savant. Ike discusses amateur planning like “friendly liens” and why insurance, although vital, is not adequate asset protection for business owners and entrepreneurs by itself.
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 […]
This is the first article in a new series by Probate Litigation attorney Robert Sewell which will focus on “war stories” regarding common estate planning mistakes, as seen by a probate and trust litigator. These stories are meant to serve as lessons for the average reader. If you see the fact pattern below in your estate plan, […]
An estate plan is always necessary unless you want your estate to pass through “operation of law” which involves the long, uncertain, public and expensive process at your death with a stranger (the courts) deciding who gets everything you leave behind. This process often leads to heartache, delay and additional stress for those you leave […]
As we’ve seen across the United States over the last year, severe weather, disasters and even intentional acts of vandalism can cause financially devastsing property damage. Below are tips on how to document and pursue claims with your insurance company to enforce your rights under your property and casualty policy. • Step One: Actually having […]
Attorneys Charlie Davis and Ike Devji will be speaking at the 17th Annual Wealth Protection Conference on May 9 and 10 in Mesa Arizona. Topics covered at the conference will include: How To Protect Your Assets For Generations, How to Safely and Legally Use Offshore Trusts and Banks, Common Fatal Flaws and Misconceptions That Cost […]
I’m fortunate to deal with a number of successful women across the U.S. Whether they are C.E.O.s, doctors, some other kind of professional or business owner or simply the stay at home family C.E.O. that helps manage the family’s wealth and success. Over the last ten we’ve seen both positive and negative behavior patterns among different […]