Asset Protection For California Physicians
Private practice physicians have a unique challenge in protecting their assets. As small business owners and doctors, they are at risk of losing their business assets, savings, and livelihood with one medical malpractice case. The attorney at the Law Offices of Gerald L. Kane is devoted to assisting physicians with asset protection by means of various estate planning options and tools.
Gerald L. Kane has more than 20 years of experience helping families and businesses meet their long term financial goals, and ensuring assets are protected and safely transferred to beneficiaries. Contact him to learn what he can do for you: 818-905-6088.
What Asset Protection Options are Available?
Like any business owner, a physician can transfer titles of assets into another’s name in order to avoid estate taxes and minimize the chance that those assets will be at risk in litigation. This includes setting up limited family partnerships or putting assets into a Nevada Corporation or Delaware Corporation to protect real estate and other business property. Another option is to transfer assets to a loved one or partner physician by means of asset protection revocable or irrevocable trusts.
Mr. Kane listens to your needs and works with other experts in the asset protection realm to identify which option is best for you. He will then clearly explain the plan’s objectives so that you understand exactly how the plan will meet your financial goals.
Mr. Kane Stays in Contact With Clients
Mr. Kane knows that families and businesses constantly change, requiring updates to their existing estate plan. A physician’s practice is no different. He stays in constant contact with his clients and is there for them when they need him. If your practice hires a new doctor, acquires more land or commercial real estate, has trouble with a creditor, or has any other changes, Mr. Kane can adjust your asset protection plan to reflect the circumstances.
Contact a Lawyer
To discuss the protection of your assets, please schedule a complimentary, no obligation initial consultation with the Law Offices of Gerald L. Kane, in Encino, California. Mr. Kane is available during regular office hours and on weeknights and weekends by appointment. He looks forward to meeting and working with you to find a solution that fits your asset protection needs.