The wild ride for cryptocurrency investors continues as a variety of factors threaten both the value and the security of investor holdings including both various coins and their derivatives like NFTs. Investor concerns including both direct hacking and theft from exchanges, which are reported on a weekly basis. With this high level of volatility in mind, it caught my attention when I recently heard that crypto holdings can now be insured against theft from certain exchanges. The insurance industry professional who brought this to my attention is Ahmet Bidav, who works with HNW individuals ..read more

Trusts can be effective and important legal tools, but they are not all the same and they are not universally interchangeable. We examine some of the trust vocabulary terms every successful physician, business owner and entrepreneur should know when evaluating their own legal planning needs. What is a “Trust”? For the purposes of our discussion, a trust is a formal, binding, legal document that allows an individual to create and transfer title to property or value of any kind to the control of another, for the benefit of a third party. The person who creates and funds a trust is known as a “G ..read more

  Listen to the Episode HERE Asset protection attorney Ike Devji was a recent guest on the Business Roundtable Podcast Hosted by Matt Battaglia and was joined by attorney Michael Ferrin. Ferrin and Devji work closely on a variety of issues for business owners including helping clients predictably build, protect and pass on significant wealth before and after business exits. Separately featured on the show was Scottsdale Financial advisor Denver Nowicz. Denver shared insights gained over 20 years of experience as a financial advisor and addressed issues like crypto investing, bus ..read more

Health Law Hotspot podcast is hosted by healthcare law expert, attorney Ericka Adler. Asset Protection attorney Ike Devji was a recent guest on the show and Ike and Ericka explored asset protection for physicians including both medical malpractice risk and the medical business risks that are often overlooked. Issues Covered Included; Commonly Overlooked Personal and Professional Risks Highest Risk Specialities and States The Use of Speciality Insurance The Three Layers of Asset Protection Every Doctor Should Know Common Planning Mistakes Asset Protection For Doctors – Health Law Hot Spot Th ..read more

By Ike Devji, J.D. Crypto currency is all the rage and continues to make some coin investors small fortunes even as prices swing widely and scams emerge. These are some basic defensive measures to keep your digital wallet safe. Crypto Fact vs. Fiction One common bundle of myths about cryptocurrency is, “My coin is creditor proof because it’s secret and no can find it and only I have the key”. Here’s why that’s false and why you shouldn’t hold crypto currency, (or for that matter, any significant amount of non-qualified investment, savings, or other assets) in your own name: Any str ..read more

Here is what luxury homeowners, buyers, and sellers need to know about construction costs, closing delays, insurance, and why you are probably under-insured for the loss or damage of your home. Asset protection done right includes being informed about current risks and market conditions and managing those risks proactively. Here is what luxury homeowners, buyers, and sellers need to know about construction costs, closing delays, insurance, and why you are probably under-insured for the loss or damage of your home. The cost of construction materials Material prices are way up and it’s not ..read more

Asset Protection attorney Ike Devji was recently a featured guest on the Business Roundtable Podcast with host Matt Battaglia. LISTEN NOW: Asset Protection: Business Roundtable Podcast EPISODE DESCRIPTION Topic: Asset Protection Guest: Ike Devji, Asset Protection Lawyer Ike shares expertise in the areas of asset protection, trusts, LLC, off shore asset protection and lawsuit protection strategies. Ike also covers areas business owners should consider when selling their business. Denver Nowicz of https://wealthforlife.net/ Denver joins Matt to discuss asset protection specific to investments a ..read more

Asset protection issues for business owners and physicians aren’t contained by the walls of your business. A recurring risk I regularly deal with and answer questions on from clients is the effect of extended families and old-world cultural norms on asset protection plans. Lost In Translation — When Old World Values Create Current Legal Risks An issue I have dealt with for many years, including at least three times in the last two months alone, is the tendency for some individuals to hold jointly owned assets informally with other family members in some kind of “constructive trust”. While far ..read more

Political Contribution FAQs – Business Rules, Anonymity, Limits By Ike Devji, J.D. The corona virus crisis, its intersection with healthcare policy and how it has personally affected business owners and physicians across America has encouraged many  to be more politically active than ever before. Here are the basic answers to some common legal questions about political donations. Using these guidelines will help business leaders and professionals exercise their rights in a legally compliant way that will help avoid both legal exposure and negative media attention that can come with a proh ..read more

One very common concern and question during times of economic hardship, like the recession many believe we are now entering due to the Coronavirus, is “Is my money safe in the bank?”. Asset protection attorney  Ike Devji provides the basics in a recent article for Physicians Practice. Among the basics covered: What is FDIC Insurance? What happens if a bank fails? What is the FDIC Insurance Limit? What kinds of accounts are FDIC insured? What if my accounts are owned by my Revocable Living Trust? What about my safety deposit box? Asset Protection: Is My Money Safe In The Bank?  &nbs ..read more