GDB Law Practical Guides: Asset Protection for Doctors08/17/2020
We live in a litigious society, where patients routinely sue doctors for alleged medical malpractice. There is no risk to bring a lawsuit against a doctor on contingency, and patients are incentivized to sue because doctors are viewed as “deep pockets.” Doctors who engage in asset protection before the threat from the patient are in a more favorable position to retain their assets.Therefore, ideal asset protection is prophylactic, which helps to deter the patient’s threat. Asset protection discourages such suits because even if the lawsuits are successful, the doctor’s assets will be immune from seizure.
Below is a collection of articles on effective asset protection for doctors.
A Practical Guide to Asset Protection for Doctors
- Asset Protection for Doctors via Family Limited Partnerships
- How and Why to Protect Your Assets
- Efficacy of Family Limited Partnerships: A Case Study
- Why Doctors Should Protect Their Assets
- Why Insurance is Not Enough
- An Authoritative Guide to Offshore Asset Protection
- Asset Protection for Doctors: Not Collecting Copayments Could Mean Lawsuits
- Doctors Under Attack: New Challenges to Financial Security
- Doctors: Protect Your Assets Because Your Insurance Fees Will Soon Go Higher
- Doctors Face New Financial Security Challenges
Contact Asher Rubinstein of Gallet Dreyer & Berkey’s Asset Protection Practice for more information.
See also our Practical Guide to Asset Protection for Real Estate Investors, Builders and Landlords.