VIDEO: Atlanta Financial Advsior Benjamin Yin, MBA and Asset Protection attorney Ike Devji, J.D. have an in-depth conversation about Asset Protection for physicians and entrepreneurs. Watch Ben and Ike Here https://vimeo.com/351967372/52e6e5bc13
Why ALL Business Partnerships Must Have a “Buy-Sell” Agreement
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? […]
How To Test Your Legal And Financial Planning Today
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 […]
How To Pick An Asset Protection Lawyer
Whether you are an advisor looking for the best help for your clients or a successful individual doing your own due diligence, knowing the right questions to ask to qualify a so called “asset protection” expert is more important than ever before. Failing to do so and working with amateurs, or worse, non-attorney promoters can not only cause […]
More Self Defense for Captive Insurance Company Owners
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 […]
Expert Tax Tips For Individual Tax Filers
Aarti Kapadia, CPA/MBA, provided these simple tips for individual tax filers. This is not tax advice specific to you, just general information to discuss with your own tax team. Last Minute Tips for Individual Tax Filers 1. The SALT (state and local income tax deduction) is limited in 2018. We recommend you consider prepaying your […]
Small Business Tax Tips
Business Tax Planner and CPA Aarti Kapadia provides tax filing issues to consider for small business owners. This is not tax advice, always consult with an expert about your facts. 1. Defer income to next year. Push income to into next tax year and deductions into this year. In general, it tends to be advantageous to push income into […]
Protecting an Entrepreneur’s Greatest Asset – Their Team
The most successful entrepreneurs we serve build their success through a combination of their own hard work and by building, leading and keeping high performing teams. In this special guest post, entrepreneur business coach and consultant Mitch Pisik shares an executive summary on protecting one of your business’ greatest assets, its people. Ike Devji A Company Is Known […]
When An Estate Plan Isn’t Asset Protection
In a previous post I shared the details of the incomplete (if not financially fatal) advice one physician got from a source with questionable experience. That advice involved some common misconceptions among lay people and advisors about very basic legal and risk management concepts. Understand the REAL Role of Your Estate Planning For the most successful and/or […]
Video: Common Asset Protection Mistakes Pt. 3
Asset protection lawyer Ike Devji discusses common fatal mistakes in asset protection planning. In part 3 of his 5 part interview series with financial expert Steve Savant Ike discusses how entrepreneurs and business owners might use the wrong legal tools or actually drag liability back into their safe legal planning.
