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Attorney Ike Devji

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The Risks of Doing Business With Family Members

September 30, 2020 by Ike Devji, Asset Protection Lawyer Leave a Comment

Asset Protection Family Business Owners

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 […]

Filed Under: Uncategorized Tagged With: Asset Protection, business owners, Family Business, physicans

Business Partnership Breakup: 5 Survival Tips

August 29, 2018 by Ike Devji, Asset Protection Lawyer Leave a Comment

Breaking up is hard to do, that goes for your business as well. Below are five simple tips to consider BEFORE you start a business, or break one up. Just as with a real marriage, the best, most predictable and most cost effective planing is done before you consummate the relationship. In other words, always […]

Filed Under: business law, business legal planning, business owner and entrepreneur, business valuation, buy sell agreement, closely held business, partnerships Tagged With: Asset Protection, business law, disability, divorce, Entrepreneur, Family Business, Ike Devji, medical practice, partnerships, small business, women in business

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

Captive Insurance Companies In Harm’s Way

February 27, 2018 by Ike Devji, Asset Protection Lawyer Leave a Comment

Captive insurance companies owned by small businesses and doctors are often thinly disguised abusive tax shelters. Their owners and their promoters are currently being harshly examined by the I.R.S. and knowing what to ask, what do and what not to sign will be vital to the financial futures of all involved and can put you […]

Filed Under: Arizona, Arizona Asset Protection, Asset Protection, Asset Protection for Doctors, captive insurance company, Doctors, Entrepreneurs, FINANCIAL ISSUES FOR DOCTORS, financial literacy, IRS, tax deductions, tax fraud Tagged With: advisors, captive insurance, Doctors, Family Business, franchise, I.R.S. audit, Ike Devji, legal experts, phoenix, small business, tax fraud, tax shelters

The Weinstein Effect: Protecting Your Business, Employees From Sexual Harassment

November 28, 2017 by Ike Devji, Asset Protection Lawyer Leave a Comment

Workplace sexual harassment is a risk every entrepreneur must be informed of and manage. The Harvey Weinstein Effect Starting with the floodgates that opened with the alleged egregious actions of Harvey Weinstein, headlines across the U.S. feature claims of sexual harassment, assault and misconduct with news stories literally breaking by the hour on some days. Last week […]

Filed Under: Asset Protection, Asset Protection for Doctors, business legal planning, business owner and entrepreneur, Business Owners, closely held business, Director and Officer Liability, Employment law, family business, lawsuit awards, Leadership & Management Tagged With: board member lawsuits, business, Doctors, Employment Lawsuits, entrepreneurs, EPLI, Family Business, Harvey Weinstein, Ike Devji, law, leadership, practice management, sexual harassment

Protecting Your Business From Cyber Liability

June 27, 2017 by Ike Devji, Asset Protection Lawyer Leave a Comment

Data Breach and Cyber Liability insurance is a vital first line of defense against a variety of exposures for any business that takes payments, has confidential information, uses social media or has a duty to protect HIPAA information, as just a few examples. Asset Protection lawyer Ike Devji explains what every business owner and entrepreneur […]

Filed Under: Asset Protection, Asset Protection Education, Asset Protection for Doctors, asset protection strategies, Employment law, liability insurance Tagged With: Asset Protection, ceo, CTO, cyber-liability insurance, data breach insurance, Expert, Family Business, Ike Devji, lawyer, risk

Video: Common Asset Protection Mistakes Pt. 3

April 4, 2017 by Ike Devji, Asset Protection Lawyer Leave a Comment

  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.

Filed Under: Arizona Asset Protection, Asset Protection Education, Asset Protection Fraud and Failures, asset protection law, asset protection strategies, family business, Ike Devji - Asset Protection Expert Tagged With: arizona, Asset Protection, business owner, Entrepreneur, Expert, Family Business, Finlit, Founder, Ike Devji, lawsuits, liability, scottsdale, small business

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

How to Pick an Asset Protection Lawyer – Key Due Diligence Questions and Caveats

June 13, 2011 by Ike Devji, Asset Protection Lawyer 2 Comments

By Ike Devji, J.D. The last 8 years has created an explosion in the Asset Protection planning field due to both the large number of people who have finally realized that their wealth is more finite and fragile than they ever imagined and the litigation boom that inevitably follows tough times. Unfortunately, this new found […]

Filed Under: Asset Protection, asset protection law, asset protection strategies, Due Dilligence, Ike Devji, lawyers, leading wealth and legal advisors, Legal Strategies Tagged With: arizona, asset protecetion lawfirms, asset protection lawyers, autho0rs, best, best practices, builder, ceo, developer, Doctors, due dilligence, educators, expereinced, Family Business, Family Office, franchise, High Net Worth, HNW, Ike Devji, lawyers, phoenix, scottsdale, speakers

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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