Robert J. Mintz, JD

Recent court case highlights risks and opportunities

Big risks do not always produce big rewards, a fact that physicians and other high-risk business owners should always keep in mind when making financial decisions.

Although there is widespread agreement that the direct and indirect costs of litigation and the threat of lawsuits are major contributors to spiraling healthcare costs, tort reform and other proposals to remedy the problem have been relatively minor components of the debate over healthcare reform.

If existing case law and legislation is clear and well-developed, then an asset protection plan that falls within the pre-set boundaries should have favorable and predictable results.

The specific structure of an asset protection plan must involve a consideration of the details particular to your situation. A plan that works well for one person may be completely wrong for another.

The specific structure of an asset protection plan must involve a consideration of the details particular to your situation. A plan that works well for one person may be completely wrong for another. For example, the income tax and estate tax benefits of a plan must be efficiently tuned based on your age, income, accumulated wealth, and your family dynamics. The types of assets that you own can also make a big difference in the planning.

The specific structure of an asset protection plan must involve a consideration of the details particular to your situation. A plan that works well for one person may be completely wrong for another. For example, the income tax and estate tax benefits of a plan must be efficiently tuned based on your age, income, accumulated wealth, and your family dynamics. The types of assets that you own can also make a big difference in the planning.

The specific structure of an asset protection plan must involve a consideration of the details particular to your situation. A plan that works well for one person may be completely wrong for another. For example, the income tax and estate tax benefits of a plan must be efficiently tuned based on your age, income, accumulated wealth, and your family dynamics. The types of assets that you own can also make a big difference in the planning.

During the past year of financial turmoil, we have seen a clear refocusing of attention on strategies to minimize financial and liability risks. The question that many are asking is "How do we protect our remaining savings and retirement nest egg from the risk of these liabilities?"

What if our tort system required the losing side to pay for the winner's legal fees and costs?

What if our tort system required the losing side to pay for the winner's legal fees and costs?

As EHRs are widely adopted and the quantity of information about a patient expands dramatically, does provider liability increase even if the quality of care is vastly improved?

If existing case law and legislation is clear and well-developed, then an asset protection plan that falls within the pre-set boundaries should have favorable and predictable results.

If existing case law and legislation is clear and well-developed, then an asset protection plan that falls within the pre-set boundaries should have favorable and predictable results.

If existing case law and legislation is clear and well-developed, then an asset protection plan that falls within the pre-set boundaries should have favorable and predictable results.

If existing case law and legislation is clear and well-developed, then an asset protection plan that falls within the pre-set boundaries should have favorable and predictable results.

The largest US financial institutions are on government life support.

The largest US financial institutions are on government life support.

The turmoil in the financial markets combined with a steep recession is hitting most of my clients pretty hard.

The turmoil in the financial markets combined with a steep recession is hitting most of my clients pretty hard.