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Ike Devji, JD

Ike Devji, JD

Ike Devji, JD helps protect a national client base of over 4,500 clients with nearly $6 billion in personal assets, including thousands of physicians of all types. The attorney speaks and writes on wealth preservation and asset protection nationally. E-mail him here.

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Here are some common reoccurring issues at the end of each year your practice needs to know about and act on properly.

Be smart. Securely dispose of old practice computers and other devices and install safeguards on new technology. You'll be glad you did.

Good asset protection goes far beyond mitigating malpractice risks. Some exposures, like financial fraud and identity theft, peak during the holidays.

The end of the year is a good time to a handle performance reviews. They are a key part of the process to encourage continued success and stellar performance.

Opiate prescribing can be a high risk activity for doctors if compliance measures aren't implemented. This risk is magnified when dealing with celebrities.

The holiday season presents recurring non-malpractice risks for doctors and their practices that can have serious legal consequences.

The last 60 days of the year are a key selling window for both good and bad tax reduction schemes. Make sure you cover all your bases.

The end of the year is a time when doctors begin thinking of ways to reduce their income tax exposure. Be wary: it is also a time rife with abusive tax plans.

Physicians who buy a medical practice assume a large spectrum of risk beyond their personal medical malpractice liability.

Selling a medical practice involves vital planning issues beyond the sales transaction. Liability and risk management planning should be part of every financial plan for sellers.

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