We protect Physicians

We use one or more of the following:

Nevada corporations, Nevada LLCs, Nevada family limited partnerships, Wyoming corporations and LLCs, Delaware corporations, U.S. Grantor trusts, offshore IBCs. More and more physicians are now forming Integrated Asset Protection Trusts (APT) which allows us to effective prohibit any creditor from reaching your assets. 

Call us for consultation on which entity(ies) is best for your needs.

2 out of 3 doctors will be sued in 2010.

67% of malpractice lawsuits exceed malpractice coverage limits. The doctor is personally liable for the excess. Doctors need effective medical asset protection.

There is a disturbing, growing trend of criminalizing medical decisions. Doctors don't just lose their
medical license, they can go to jail. More and more doctors are having their medical decisions second guessed by 12 jurors who know nothing about medicine. 

If you carry a large bank or brokerage account, a large malpractice policy, or have a lot of business and personal assets, you WILL be targeted by an attorney. You must have medical asset protection such that you cannot be successfully sued by anyone.

An attorney needs only 10 minutes to find every asset you have ever owned from past to present. A more detailed search using their private investigator will find assets in your father's brother's best friend's uncle's name that you have tried to hide. Putting assets in the name of spouse, family or friends does not work. In fact in can work against you by causing your relatives to be sued for fraudulent conveyance and get the IRS involved trying to collect gift taxes from them. At 35% to 40% these gift taxes can be worse than paying the creditors. 

The only way to guarantee you cannot lose anything to a lawsuit is to have asset protection where no judge or attorney can find or see what you own, thus they cannot seize your assets. You need not only an entity that can provide a degree of invisibility and anonymity but an entity that is structured so that an attack is futile

Discover how real people just like you are asset protecting their home, bank accounts, real estate, securities. We do everything required to form, set up and service asset protection structures customized to your needs. It does not matter where you live and practice; we have clients in all 50 states.

Examples of how to protect your assets: 

1. You hold assets in your own name: 

You have no asset protection and are vulnerable to attack by any creditor or lawyer wanting to file a lawsuit against you.  A judgment creditor can swoop in easily and attach any assets you have.

2. You do NOT hold title to your assets in your own name:

Your Family Limited Partnership holds title but as general partner you control everything.  It is no longer easy for creditors to discover what you own and it is very difficult, if not impossible for them to break through.

If you want even more privacy and anonymity, a Limited Liability Company (LLC) properly structured will work with the FLP to segregate safe assets like bank accounts, from risky assets like investment real estate, boats, and planes.

LLC for Asset Protection, Combined With FLP and Revocable Trust

We form for you a Nevada LLC with to hold risky assets like real estate or to run your business privately. Our Nevada LLC is the strongest out there, with a 65-page operating agreement designed specifically to take full advantage of every one of Nevada's asset protection laws. Guaranteed to stand up to any creditor or attacking attorney.

We form for you an FLP to work together with the LLC.

We structure everything to flow through your revocable trust so all assets pass easily to heirs.

The FLP will hold safe assets like bank accounts, and we will prepare for you an equity-stripping lien with consideration for the FLP to place on your home to secure its exposed equity.

3. Protecting Your Business Assets:

Your Nevada, Wyoming, Delaware or offshore corporation provides a line of credit secured by the assets of your existing domestic business that's in your state. The assets can be equipment, autos, stock accounts etc.

Now all your assets, personal as well as business, are encumbered and a creditor will have little luck in reaching you. 

4. Using a domestic or offshore corporation to add extra protection to a FLP:

Your Nevada, Delaware, Wyoming corporation,  or offshore corporation provides an equity line of credit to your limited partnership and takes a 2nd trust deed as an equity stripping lien with consideration, to secure its position. The Nevada Corporation or Foreign Corporation will be ahead of any creditor that files a lien. When the first trust deed is paid off, the Nevada or foreign corporations now are in first position. Upon a sale the proceeds will be paid to the Nevada or foreign corporation. 

Are These The Only Scenarios?

No, the above examples are just a few ways that asset protection can be put to use to protect your home and business assets. There are many more ways and methods of doing things. Contact us to find out what works best for you. A good plan requires time to set up, the proper transfer of assets, and solid documentation, all of which we do for you. 

Asset Protection - Asset Protection for Doctors - Asset Protection Service - Asset Protection Strategies - Offshore Trusts - Limited Partnerships - Nevada Corporations