New Law Brings Great Relief for Californians
BY Kendal Blunck | March 1, 2021 After years of having homestead laws that were supposed to protect the homeowner, the state of California has finally decided to play the game with the right game piece. State homestead exemptions give protection, up to a certain dollar amount, to a debtor, to protect a home and its equity from seizure by a judgment…
Asset Protection Strategies for Financial Planners: LLCs vs Corporations
BY Protect Wealth | February 1, 2024In the world of financial planning, safeguarding assets is paramount for both the advisor and their clients. Choosing the right business structure is a critical decision that can significantly affect the level of asset protection provided. Among the plethora of choices, Limited Liability Companies (LLCs) and S Corporations (S Corps) stand out for their unique…
What Physicians Need to Know About Preventing Lawsuits
BY Protect Wealth | January 29, 2024Dealing with lawsuits is a significant concern in the medical profession due to the high stakes, the complexity of the work, and the crucial role physicians play in people's lives. It's important to understand the best practices for avoiding lawsuits and promoting solid asset protection for doctors. Given that, there are three key areas that…
How Physicians Can Protect Themselves From Lawsuits
BY Protect Wealth | January 22, 2024As a medical professional, nothing can be more stressful than facing a lawsuit. Lawsuits, disputes, and potential risks can jeopardize your personal wealth and reputation, making the need for adequate physician asset protection strategies indispensable. This article highlights five essential measures to help physicians protect themselves from potential lawsuits, as suggested by Ultra Risk Advisors.…
How Physicians Can Bullet-Proof Their Assets From Liability
BY Protect Wealth | January 17, 2024Liability protection and asset management are crucial concerns for any professional, but they are particularly pressing in the medical field. As a physician, you are particularly susceptible to malpractice claims, contract disputes, and other potential risks that can jeopardize your personal wealth. Protecting your hard-earned assets from liability is an essential aspect of safeguarding your…
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