OWN VACANT PROPERTY? HERE’S A RISK YOU MAY NOT BE AWARE OF – YOUR INSURANCE HAS BEEN CANCELLED
May 03, 2011
The news is filled with stories about the unfortunate reality of vacant properties. As just one example, office property in Phoenix Arizona now stands at a 26% vacancy rate and the news regularly featu...
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How Do Buy-Sell Agreements fit into your Asset Protection Plan?
May 03, 2011
Here’s the simple self-assessment question I confront my clients with: If one of your business partners died today, would you have the liquidity to buy off his family, or would you be in court explai...
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Employee Lawsuit Exposure – Retaliation Claims
May 03, 2011
RETALIATION CLAIMS - JUST HOW CAREFUL SHOULD YOU BE?
New Form of Retaliation Lawsuit Green Lighted by Supreme Court!
-Supreme court rules that third party employee are entitled to sue employers for r...
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Is Your Physical Office an Obstacle Course of Liability? PREMESIS LIABILITY
May 03, 2011
You spend time worrying about "technical" issues that create liability like practice procedures, HIPPA and billing compliance and other patient related procedures, all with good reason.
Sometimes ho...
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The Top Five Financial Mistakes Made by Doctors
May 03, 2011
Whenever possible I like to get short lists of good or bad behavior or patterns that we can share with our clients and advisor partners from professionals in other areas. In a an environment of decreas...
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A Doctor’s Guide to Navigating Offshore Waters Safely – Asset Protection
May 03, 2011
In the world of physicians' legal and financial planning there is no term as simultaneously oversold, feared, and misunderstood as "offshore." This is especially true at tax time, as all doctors and th...
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DEALING WITH EMPLOYEE LAWSUIT EXPOSURE IN A DOWN ECONOMY - ARE YOU PREPARED?
Aug 12, 2010
Are you properly protected from employee liability? For those of you who are business owners and have employees or have clients who do, this is very important, especially if you may have to consider l...
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Liability Insurance and Why the Wealthy are Under-Insured
Aug 12, 2010
The excerpt and link below are from a great article on liability insurance and why so many affluent people are under-insured and exposed. I write on this topic myself extensively and I warn clients lik...
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THE ROLE OF "SECRECY" IN ASSET PROTECTION
Aug 12, 2010
The Excerpts and Links below emphasize yet another reason that the best Asset Protection plans are: 1. Tax Neutral;2. Involve paying and reporting taxable income from all sources;3. Are drafted by a p...
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ARE YOU AN ACCIDENTAL TAX CHEAT? THE IRS IS LOOKING FOR YOU.
Aug 12, 2010
You have likely heard reference to this amnesty event in the context of allowing those with "secret" offshore accounts (see my other posts on this amateur practice) to report them and get square with t...
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