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Attorney Ike Devji

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CEO and Executive Liability INCREASING with SEC: Asset Protection

September 26, 2013 by Ike Devji, Asset Protection Lawyer Leave a Comment

We’ve implemented asset protection planning for a variety of CEOs and executives for many years. Some of these clients are highly compensated executive employees of public or private corporations, others are the owners (and hence the executives) of their own closely held businesses. Given the social and economic climate of the last few years and […]

Filed Under: Asset Protection, business legal planning, Business Owners, CEO, Director and Officer Liability, Family Office, FAMILY OFFICE ISSUES, liability, SEC Tagged With: board member lawsuits, ceo, cfo, enforcement, executive, Ike Devji, scapegoat asset protection, SEC

The “C” Word in business: Vital Issues To Consider With C-Corporations

April 19, 2013 by Ike Devji, Asset Protection Lawyer Leave a Comment

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 […]

Filed Under: Asset Protection, business survival, CEO, closely held business, dentists, Doctors, Due Dilligence, family business, FINANCIAL ISSUES FOR DOCTORS, financial literacy, high net worth, IRS, Legal Strategies, start-ups, startup, tax deductions, taxation, taxes, wealth transfer Tagged With: arizona, Asset Protection, benefits, best practices, C-Corporation, cfo, closely held, corporate formattion, CPA, family busienss, Ike Devji, lawyers, legal structures, negatives, phoenix, scottsdale, taxes

Seven Ways To Survive a Business Cashflow Crunch – CEO/Entrepreneur/Startup

August 10, 2012 by Ike Devji, Asset Protection Lawyer Leave a Comment

Over the last few years the concept of Asset Protection has greatly expanded to include not just the traditional threats like litigation exposure, but effective risk management on all fronts, including cash flow and other solvency related issues magnified by the economy. We’ve covered many of these issues here including those related to real estate, […]

Filed Under: 2012 Economy, business legal planning, business survival, CEO, closely held business, dentists, Doctors, family business, Finance, FINANCIAL ISSUES FOR DOCTORS, financial literacy, recession survival Tagged With: Asset Protection, B2B CFO, Boomer Business Sale, cashflow, ceo, cfo, Entrepreneur, Family Business, Ike Devji, Mark Johnson, SMall BIz

Is my DEFINED BENEFIT PLAN safe if my employer goes out of business? – Asset Protection

May 16, 2012 by Ike Devji, Asset Protection Lawyer Leave a Comment

If your employer goes out of business, any retirement plan your employer sponsored will be terminated. If the plan is a 401(k) or other defined contribution plan, your benefits are held in trust, apart from your employer’s assets, and you’ll generally be entitled to receive your full account balance in a lump sum. (You can […]

Filed Under: Bankruptcy, business legal planning, CEO, closely held business, defined benefit plans, doctor sued, family business, financial advisors, FINANCIAL ISSUES FOR DOCTORS, financial literacy, high net worth, investment exposure, Legal Strategies, liability Tagged With: Asset Protection, ceo, cfo, CFO Financial Advisor Network, coo, defined benefit plan, executive compensation, Ike Devji, income protection, mike stolp

Former NFL Star, Jim McMahon named in FDIC Lawsuit – Board Member Liability – Asset Protection

April 12, 2012 by Ike Devji, Asset Protection Lawyer Leave a Comment

The FDIC brought a lawsuit against Illinois Broadway Bank and former NFL player Jim McMahon is one of the seven former board members for the bank.   The FDIC is suing to recover $104 million from 17 bad loans that the bank made before it shut down in 2010. We warn all clients about Board […]

Filed Under: Asset Protection, business legal planning, CEO, Leadership & Management, liability, liability insurance, Loan default, professional athletes Tagged With: Asset Protection, bank solvency risk, bankers, ceo, cfo, coo, Executive and Board Member Liability, Ike Devji, Jim McMahon, lawsuit, Professional Athletes

See Ike’s Work In Action

· Ike Devji on Acrimoney.com
· Ike Devji on CFO ADVISORS
· Ike Devji on Infosec Island
· Ike Devji on Risk and Threat Management

Money Matters Interview

Recent Posts

  • The Business Roundtable Podcast: Asset Protection
  • The Risks of Doing Business With Family Members
  • Campaign Contributions: What Business Owners Need to Know
  • Recession Asset Protection – Is My Bank Safe?
  • Asset Protection for Pain Management Doctors and Anesthesiologists

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