Asset protection takes many individual forms and ranges from simple to complex, but there are some universal basics. Proactively addressing these core defensive issues now will help protect your assets while you still have the greatest number of predictable, cost-effective options, and a legal right to do so. Personal insurance The single most cost-effective asset […]
What every medical practice and small business owner must consider about gun violence, personal security, and their own legal liabilities. In the continuing wake of the tragic Parkland and Santa Fe school shootings as well as the most recent nationally reported act of violence against a Scottsdale Arizona Physician*, America is once again examining its relationship […]
Ike Devji’s fifth video in five part interview series with financial expert Steve Savant. Ike discusses amateur planning like “friendly liens” and why insurance, although vital, is not adequate asset protection for business owners and entrepreneurs by itself.
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.
Bruce Jenner was recently in the headlines after being involved a car accident that included a fatality. Based on the latest news reports, it is now suspected that Jenner hit at least two vehicles while driving, and one of the vehicles he hit was pushed into oncoming traffic where the elderly driver was killed, after being […]
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 […]
HIPAA and financial data present an ongoing asset-protection issue for physicians and medical practices. This week we take a look at a specific exposure suffered by up to 40,000 (yes, 40,000) patients of one Arizona medical practice and some simple precautions that may help your practice avoid the same exposure. While written for doctors, this […]
Asset Protection Attorney Ike Devji was recently interviewed for the second time by Joe Scarp and Korene L. Clopine-Seaman, the hosts of Your Source For Real Estate Radio in Scottsdale, Arizona. Ike discussed a variety of liability and asset protection issues for real estate, owners, investors and developers including the most common mistakes in real estate […]
A variety of medical specialties use drug-based treatments administered by the physician’s office as a routine part of their treatment regimes. This usage presents expanding serious liability issues that require serious consideration and risk management. The use of specialty-compounded drugs to treat a variety of ailments is on the rise (one recent report says they […]
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 […]