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 […]
LLC Basics For Consumers: Asset Protection
Business owners and Doctors are increasingly bombarded with a variety of asset protection information from different sources of varying skill and experience. One common tool that attorneys and non-attorney promoters alike often focus on is the limited liability company or “LLC.” Unfortunately, because LLCs are relatively simple to create and maintain, they are routinely misused […]
What is an ILIT or Irrevocable Life Insurance Trust ? (and why should doctors and business owners use it)
We’ve previously devoted a number of discussions to the use of life insurance by physicians and business owners including a look at how to buy insurance and discussions of its specific uses and how much life insurance a doctor and his or her spouse should have. This week we take an introductory look at a […]
Common Mistakes Some Smart Women Still Make With Money, Estate and Legal Planning
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 […]
CAN YOU BE SUED FOR NOT HIRING A CRIMINAL? YES – Asset Protection and HR
DISCRIMINATING AGAINST CRIMINALS IN YOUR WORKFORCE QUESTION: CAN THE EQUAL EMPLOYMENT OPPORTUNITY COMMISSION (“EEOC”) CHARGE MY COMPANY FOR DISCRIMINATION IF WE FOLLOW STATE LAWS PROHIBITING US FROM HIRING PEOPLE WITH CRIMINAL RECORDS? ANSWER: THE EEOC SAYS THAT COMPLYING WITH STATE OR LOCAL LAWS DOES NOT SHIELD AN EMPLOYER FROM LIABILITY FOR DISCRIMINATION CAUSED […]
Common Fatal Flaws of Asset Protection Planning
© 2003-2018 Ike Devji, J.D. For the last 15 years years the sole focus of my legal practice has been Asset Protection and Estate Preservation planning that has touched literally thousands of clients representing billions of dollars in personal assets. During that time I have seen the best and the worst of the planning available […]
What You Must Know About Selling a Business in a Depressed Economy.
There are certain things we always warn our clients about when they are selling a business. One of the issues we regularly address is making sure that the seller and their unrelated personal and business assets are adequately protected from any potential future litigation, including that often created by the buyer if he or she […]
