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Attorney Ike Devji

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Why ALL Business Partnerships Must Have a “Buy-Sell” Agreement

July 31, 2018 by Ike Devji, Asset Protection Lawyer Leave a Comment

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?  […]

Filed Under: Arizona Asset Protection, Arizona Estate Planning, Asset Protection, Asset Protection Education, Asset Protection for Doctors, business law, business legal planning, Business Owners, buy sell agreement, Medical Practice Management, Medical Practice Risk Management, partnerships, personal finance, Succession and Transition Planning, Wealth Transfer Strategies, women & money Tagged With: arizona, Asset Protection, business continuation plan, business law, buy-sell agreement, Dentists, Doctors, Family Business, Ike Devji, law, partnerships, personal finance, small business, succession plan

Crisis Management: Dealing with Bad Press at Your Business

July 28, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

 Events beyond your control and outside the scope of your business can cause reputational damage and receive media and public attention that can literally shut your business down. Knowing how to handle such an event should be part of your asset protection plan. A previous article examined the different types of crisis plans required to operate any business, especially one that […]

Filed Under: Arizona Asset Protection, Asset Protection for Doctors, Business Owners, CEO, Crisis Management Planning, dentists, Doctors, FAMILY OFFICE ISSUES, intangible assets, Medical Practice Risk Management, professional athletes, professional entertainers, social media Tagged With: Asset Protection, ceo doctor, crisis management, Dentists, executive, Ike Devji, Professional Athletes, professional reputation

Medical Practice Asset Protection: EPLI Insurance

March 12, 2015 by Ike Devji, Asset Protection Lawyer Leave a Comment

While this article was originally written for Physicians Practice, it applies to all employers and deals with a very significant asset protection risk, employee lawsuits. Protecting your wealth and your business requires several layers, make sure you understand all of them. – Ike Devji In another discussion on medical practice employee risk I explained covered another […]

Filed Under: Asset Protection for Doctors, asset protection strategies, business legal planning, dentists, doctor sued, Employment law, FINANCIAL ISSUES FOR DOCTORS, liability insurance, physicians Tagged With: ASC, Asset Protection, CME, Dentists, employee lawsuit liability, Employment Lawsuits, employment manuals, EPLI insurance, Surgical centers

Celebrity Medical Patients Require Extra Supervision, Create Higher Risks

September 29, 2014 by Ike Devji, Asset Protection Lawyer Leave a Comment

Celebrity (or just high-profile) patients present a number of unique challenges for medical practices and require additional supervision and compliance measures to protect the practice, the patients and staff.     In last week’s discussion I provided some detail on the death of Joan Rivers during her treatment at an outpatient surgery center (ASC), and […]

Filed Under: Crisis Management Planning, dentists, doctor sued, Ike Devji, Legal Strategies, liability, malpractice, Medical Practice Management Tagged With: ASC, Asset Protection, celebrities, CEOs, cosmetic surgery, Dentists, malpractice, medical practice management, outpatient surgery, Professional Athletes, professional reputation, risk management

Asset Protection Trusts For Doctors – An Introduction

August 20, 2013 by Ike Devji, Asset Protection Lawyer Leave a Comment

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 […]

Filed Under: APT, Asset Protection, asset protection law, asset protection strategies, asset protection trusts, DAPT, dentists, Doctors, Domestic Asset Protection Trusts, FINANCIAL ISSUES FOR DOCTORS, foreign bank accounts, malpractice, offshore, offshore trusts Tagged With: arizona, Asset Protection, asset protection trusts, Dentists, Doctors, Ike Devji, Offshore Trusts, oncologists, pain managment, surgeons

Fatal Flaws in Doctors’ Asset Protection Planning

January 7, 2013 by Ike Devji, Asset Protection Lawyer Leave a Comment

During my practice with a client base of thousands of doctors I have seen the best and the worst of asset protection planning available to the American public as well as the most common flaws evident in both self-directed planning and plans executed by “professionals” who do not practice primarily in this area. Below is […]

Filed Under: Asset Protection, Asset Protection Fraud and Failures, dentists, doctor sued, Doctors, Ike Devji, medical practice mangement, physicians Tagged With: asset protection flaws. best practices, Dentists, Doctors, Ike Devji. Asset Protection, National, phoenix, scottsdale

Tax Planing Schemes Every Physician (and Business Owner) Should Avoid

February 6, 2012 by Ike Devji, Asset Protection Lawyer Leave a Comment

The next 60 days marks the final push to sell physicians and private business owners across the United States tax plans of both good and questionable value. Promoters of various plans are well aware of the pressures affecting your income and will make a variety of frivolous arguments that appeal to your desire to save. As […]

Filed Under: abusive tax schemes, business survival, closely held business, cpa, dentists, Doctors, FINANCIAL ISSUES FOR DOCTORS, financial literacy, foreign bank accounts, Ike Devji, medical practice mangement, tax deductions, taxation, taxes Tagged With: 2011 taxes, CPA, Dentists, Doctors, physicians investing, tax fraud, tax scams, taxes

Real Estate Liabilities and Physicians’ Financial Solvency

January 26, 2012 by Ike Devji, Asset Protection Lawyer 1 Comment

As an asset protection attorney, my primary responsibility has always been helping clients identify and proactively plan against as many litigation-related exposures as possible. That planning now includes a more complete evaluation of financial and economic risks than ever before. Below is one common example that illustrates the challenges many are facing and the importance […]

Filed Under: arizona forclosure, arizona real esate, Asset Protection, Bankruptcy, chiropractors, dentists, Doctors, FINANCIAL ISSUES FOR DOCTORS, physicians, real estate investing, recession survival, Strategic Default Tagged With: arizona, Asset Protection, Dentists, Doctors, finance, Ike Devji, luxury homes, MD, paradise valley, phoenix, physicians, Residential Real Estate, scottsdale, strategic default

Doctors Going Broke in the News (and Those Who Aren’t )

January 13, 2012 by Ike Devji, Asset Protection Lawyer Leave a Comment

There has been a great deal of discussion about the current financial state of American doctors in the news and in many online forums frequented by physicians. All problems identified in the article and the subsequent discussions it has spawned are related directly to the general poor state of the economy. Primarily, decreases in compensation; […]

Filed Under: business survival, dentists, Doctors, economy, FINANCIAL ISSUES FOR DOCTORS, Leadership & Management, medical practice mangement, recession survival Tagged With: Dentists, doctor's finances, Doctors, doctors going broke, family practice, Ike Devji, medical practice, primary care, recession

Beyond Pie Charts: Three Vital Year-End Financial Planning Questions for Doctors

December 29, 2011 by Ike Devji, Asset Protection Lawyer 1 Comment

The complexity of the current business environment and economy can easily feel overwhelming to many medical professionals. As we’ve discussed in previous articles, asset protection and wealth preservation planning for doctors is not just about litigation and must include a holistic balance of legal, financial, tax, and insurance planning. My work with some of the […]

Filed Under: chiropractors, dentists, Doctors, Finance, financial advisors, FINANCIAL ISSUES FOR DOCTORS, recession survival Tagged With: Dentists, Doctors, doctors financial, Ike Devji, Jeff Christenson, MD, medical practice, physicians investing, Wealth Preservation

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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
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  • Recession Asset Protection – Is My Bank Safe?
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