Asset Protection Can Shield Doctors from More Than Just Medical Malpractice Lawsuits
Medical Malpractice Lawsuits are a Nightmare The biggest legal nightmare for any doctor is a medical malpractice lawsuit. However, there are other forms of litigation that can be initiated against physicians, and all of these can leave your assets vulnerable. Couple weeks ago we blogged about how most doctors will…
Can Buying More Medical Malpractice Insurance Protect You from Losses?
Medical malpractice insurance is expensive. In fact, insurance premiums in some parts of the country have become so high, that many doctors have simply decided to skip buying insurance altogether in a phenomenon called “going bare.” Other doctors are choosing to increase their coverage, in order to protect their assets…
Nevada Braces for Lift of Non-Economic Damages Cap
More Reasons for Doctors to Get Asset Protection A bitterly contested challenge to a cap on non-economic damages in medical malpractice lawsuits in Nevada, will be closely watched by doctors and asset protection attorneys. The Supreme Court there is soon to decide on whether a cap on non-economic damages was…
The Importance of Asset Protection In a Bad Economy
Asset protection is a process by which persons try to protect their assets from seizure by plaintiffs or creditors. These two words have become even more important during a recession, when the need to protect and preserve your wealth from creditors and plaintiffs is significant. If you have not considered…
Aren’t Offshore Protection Trusts Only for Millionaires?
The biggest myth that asset protection lawyers come across is that only the super wealthy need to protect their wealth. Nothing could be further from the truth. A disgruntled employee who wants to make a quick buck at your expense doesn't care how much you're worth-he only wants to get…
AMA Warns Most Doctors Will Face Medical Malpractice Lawsuits in their Career
It’s not the sort of thing that you want to think about. But as a new survey shows, you definitely should look at preparing for it. We’re talking about medical malpractice lawsuits and the findings of a new survey just released by the American Medical Association that shows that most…
Self Settled Spendthrift Trust
A Self Settled Spendthrift Trust is also called an asset protection trust. Simply put, in a trust like this, the Settler or Grantor is also the Beneficiary of the Trust. These trusts are therefore established for the benefit of the Settler. A Trust That Limits Beneficiary's Access to Protect the…
Client Workshop & Mastermind Seminar
Recently I made the unreasonable request to my clients to drop everything and show up in Miami with less than a month of notice to my first ever client Workshop and Mastermind Seminar. I limited participation to 30 spots, and I expected it to sell out. Well sell out it…