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Attorney Ike Devji

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Social Media and Asset Protection Don’t Always Mix

August 29, 2019 by Ike Devji, Asset Protection Lawyer Leave a Comment

Successful people are more active on social media than ever, and that activity includes a heavy emphasis on personal finance and legal issues. Unfortunately, some dangerous myths about asset protection have become common. Some of the most followed media personalities are non-lawyers who have become self-proclaimed experts on various issues such as saving, investing and […]

Filed Under: Asset Protection, Asset Protection Education, Asset Protection Fraud and Failures, asset protection law, asset protection strategies Tagged With: Asset Protection, asset protection lawfirms, home equity, Ike Devji, insurance, lawsuits, personal finance, social media, umbrella policy

Bad Legal Advice on Insurance, LLCs Can Wipe You Out

November 7, 2017 by Ike Devji, Asset Protection Lawyer Leave a Comment

Business owners, doctors and entrepreneurs are often targeted with asset protection sales pitches from unqualified advisors. Let’s review some of the questionable advice you are getting and how to qualify your advisors. The (not so) Magic Umbrella Policy I was recently contacted by a physician with seven figures in exposed home equity and other significant […]

Filed Under: Arizona Asset Protection, Asset Protection Fraud and Failures, asset protection strategies, business legal planning, business owner and entrepreneur, Doctors Tagged With: Asset Protection, Doctors, entrepreneurs, Ike Devji, insurance, lawsuits, legal advice, llc, scottsdale, umbrella policy

Personal Liability Insurance Umbrella Policies Remain Vital Asset Protection for Doctors, Business Owners

November 4, 2013 by Ike Devji, Asset Protection Lawyer Leave a Comment

The law, like medicine, offers few absolutes: Personal liability umbrella policies are not a “magic bullet” that either always or never works. Despite their limits, they remain a key tool in your personal asset-protection plan and your most essential (and affordable) first line of defense. We’ve discussed the fact that many doctors and business owners […]

Filed Under: Arizona Asset Protection, Asset Protection, asset protection strategies, Cars and Automobile Liability, family liability, FAMILY OFFICE ISSUES, homeowner's liability, liability, liability insurance, personal injury, property insurance, Uncategorized Tagged With: asset, Devji, ike, insurance, lawyer, liability, personal, phoenix lawyers, protection, umbrella

Personal Guarantee Insurance for Doctors, Investors, Business Owners

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

Personal Guarantee Insurance for Doctors (and everyone else) Source: Physicians Practice Non-medical business exposures that threaten doctors’ financial solvency continue to grow in scope and number. This week we take a look a relatively new type of risk-management product: Personal Guarantee (PG) Insurance. We’ve covered both exposure related to residential and commercial real estate debt […]

Filed Under: 2013 Economy, arizona bankruptcy, arizona economy, arizona forclosure, arizona real esate, Asset Protection, Banking and Bank Solvency, business legal planning, CEO, closely held business, commercial real estate, creditor negotiation, debt, deficiency judgment, FINANCIAL ISSUES FOR DOCTORS, financial literacy, financing, forclosure, liability insurance, real estate investing, vacant real estate liability Tagged With: Asset Protection, attorney, creditor, debt, Ike Devji, insurance, lawyer, leverage, loans, mortgage, personal guarantee, phoenix, real estate, scottsdale, Wealth Preservation

Medical Practice Liability Insurance Tune Up: The First Line of Defense

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

We’ve previously detailed both the most common fatal flaws in physicians’ asset-protection planning and the reasons insurance alone is inadequate to protect doctors. Those issues aside, insurance against known and recurring exposures is always the essential first line of defense.   As you’ve seen in this column before, it is unreasonable to think that we […]

Filed Under: Asset Protection, business legal planning, business survival, dentists, Director and Officer Liability, doctor sued, Doctors, Employment law, FINANCIAL ISSUES FOR DOCTORS, financial literacy, liability, liability insurance, Medical Practice Management, physicians, risk management Tagged With: arizona, Asset Protection, D&O insurance, Doctors, EPLI, Ike Devji, insurance, lawyer, liability, medical practice management, National, phoenix, risk management, workers comp

What Medical Practices Must Know About RAC Audits and Insurance

March 12, 2013 by Ike Devji, Asset Protection Lawyer Leave a Comment

 Medical Billing & Collections, Risk Management By Ike Devji, JD   In a series of recent discussions we have examined exposures like ELPI Insurance, cyber liability insurance, and the need for directors and officers coverage by many physicians and practice owners. Continuing our examination of commonly overlooked medical practice risk management issues we turn to […]

Filed Under: doctor sued, Doctors, FINANCIAL ISSUES FOR DOCTORS, HEALTH CARE LAW, liability insurance, Medical Practice Management, physicians Tagged With: accounts recieveable, audits, billing, cashflow, doctor, family practice, Ike Devji, insurance, liability, medicaid, medical practice management, medicare

Directors and Officers Liability Insurance Issues for Physicians

February 22, 2013 by Ike Devji, Asset Protection Lawyer Leave a Comment

A commonly overlooked area of risk management in physician’s business and asset-protection planning is the need for “Directors and Officers” coverage, commonly referred to as D&O insurance.   In previous articles we have covered a variety of essential life, disability and liability insurance strategies, always the first line of defense. This week we examine the […]

Filed Under: Asset Protection, business legal planning, business survival, CEO, Director and Officer Liability, doctor sued, FINANCIAL ISSUES FOR DOCTORS, Legal Strategies, liability insurance, medical practice mangement, physicians Tagged With: director's and officer's liability, healthcare executive, Ike Devji, insurance, medical executive, medical practice management, physician entrepreneur

HIPAA EXPOSURE GETS EVEN MORE ONEROUS – Medical Practice

February 22, 2013 by Ike Devji, Asset Protection Lawyer Leave a Comment

As we’ve discussed in several previous articles, insurance that covers corporate and executive liabilities in an essential first line of defense, including Data Breach or Cyber Liability Coverage for doctors. This coverage grew even more important on Jan 25, 2013 as DHS provided additional rules and liability for medical practices which go into effect on March […]

Filed Under: business legal planning, dentists, Director and Officer Liability, doctor sued, liability, liability insurance, medical practice mangement Tagged With: cyber liability, data breach, HIPAA, Ike Devji, insurance, medical practice management

Is a Captive Insurance Company a Fit for Your Business or Medical Practice?

August 1, 2012 by Ike Devji, Asset Protection Lawyer Leave a Comment

In our two previous discussions we introduced the general concept of a captive insurance company (captive) as well as specific qualifying questions to help doctors pick a good captive administrator. This week we examine some key issues that can help determine if your specific medical practice is at the point where a captive may create […]

Filed Under: Asset Protection, captive insurance company, closely held business, doctor sued, Doctors, FINANCIAL ISSUES FOR DOCTORS, financial literacy, Legal Strategies, liability, liability insurance, malpractice, medical practice mangement, tax deductions, taxation, taxes, Wealth Transfer Strategies Tagged With: arizona, asset, best, business ceo, captive, Devji, Doctors, ike, insurance, lawyer, protection

Doctors Pleading To Misdemeanors for Heath Care Fraud – Fight or Settle?

May 15, 2012 by Ike Devji, Asset Protection Lawyer Leave a Comment

We are in the golden age of health care fraud prosecution as means of revenue and income protection by both the government and insurance companies. Doctors are increasingly  in a position where they need to make a decision to fight or settle, regardless of the veracity of the claim or the actual intent involved. This article sheds […]

Filed Under: Asset Protection, doctor sued, Doctors, FINANCIAL ISSUES FOR DOCTORS, HEALTH CARE LAW, lawyers, Legal Strategies, liability, physicians Tagged With: Doctors, fraud, healthcare, insurance, legal, liability, medicaid, medicare, misdemeanor, prosecution, settlement

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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

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Recent Posts

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