
What are some of the risk factors doctors face, both personal and professional, to protect their assets? Here are some potential ones.

Attorney Ike Devji has 20 years of legal experience focused exclusively on asset protection, risk management and wealth preservation. He helps protect a national client base with more than $6 billion in personal assets, including several thousand physicians. He is a contributing author to multiple books for physicians, a Physicians Practice contributor for over a decade and a frequent national CME presenter. Learn more at www.ProAssetProtection.com.

What are some of the risk factors doctors face, both personal and professional, to protect their assets? Here are some potential ones.

Mixing secrecy, bad tax advice, and the wrong jurisdictions may prove financially fatal for American doctors who misuse offshore tools for tax evasion.

With tax day coming up, here is a final look at tax-related exposures and scams that could harm physicians financially and legally.

Common asset protection mistakes plague medical professionals, such as do it yourself strategies that lack any real defensive basis in the law.

Physicians have many sources of exposure that require proactive risk management and asset protection planning. Remember, never act too late.

Physicians have to ensure they are not falling victim to two common types of financial fraud related to their credit.

Many practices fail to invest in insurance for the loss of an important employee or covering their business from disability

Don’t bring bad habits into 2016. In the New Year, identify the risks and solutions needed to make your practice financially better off.

Having a proper plan in place to dispose of computer and electronic equipment will protect your New Year’s celebrations from getting ruined by a data breach.

This time of year allows for people to fall victim to scams, both online and in person. Here are ways to avoid them.

Your holiday can turn south if you allow employees within your practice to defraud your business. Watch out for these schemes.

Practice owners should be leery of potential financial fraud, which seems to peak at the end of the year. Here are some things to look out for.

Planning on having a holiday party over the next few months? Here is a ten-point checklist that should keep the party fun and liability free.

Certain events, as we’ve seen recently, can have an effect on the personal safety of doctors, as well as harm their business and personal assets.

Some year-end scams target doctors externally, while others are brought to them by would-be advisors. Here’s a look at both.

For physicians, the last quarter of the year means solicitations for tax and investment schemes. Here’s what you should know.

While there is no playbook for crisis management, here are three tips that will get you started if you are dealing with a situation in your practice.

As a doctor, your profession makes you more newsworthy and you are held to a higher standard. Not knowing this can cost you.

A common and recurring question I get from doctors is, "How many LLCs do I need?" The best answer requires a fact specific look at your assets.

Despite the challenges we currently face together as a nation, the U.S. offers physicians opportunities that are hard to duplicate anywhere else.

LLCs can be great tools if used the right way, unfortunately many of them are being actively marketed to doctors for the wrong reasons.

One common tool that attorneys and non-attorney promoters alike often use to protect physician assets is the limited liability company or LLC.

Summer is officially upon us and with it comes increased personal liability and safety issues doctors and their families need to consider carefully.

Many doctors transfer assets to a spouse as part of an asset-protection plan. But, this strategy does not consider what might happen in a divorce.

While creditor protection for IRAs is provided by law, there are several other important asset-protection issues doctors need to consider.

Done incorrectly, big year-end bonuses can result in big trouble, as seen in the case of one Illinois physician.

Few domestic employers realize they are responsible for the same wide range of legal and tax issues at home that they are in their medical practices.

Harrison Ford's airplane crash is another unfortunate event that can be used as a teachable moment for physicians and their financial future.

A real-life example shows us that personal liability insurance and large umbrella policy are vital parts of a strong asset protection plan for physicians.

When it comes to asset protection many physicians mistakenly focus only on medical malpractice risk. Recent news reports illustrate other serious risks.