The number one myth of asset protection: why you can lose assets in a medical malpractice lawsuit.
The thinking of many physicians around the country, and unfortunately their advisers as well, is that there is little risk of a physician losing personal assets in a malpractice claim, especially with typical dollars 1-3 million malpractice insurance coverage. This article dispels that myth and shows that the benefit in engaging in asset protection planning far outweighs the cost.
Mandell
David B
DB
Wealth Protection Alliance, New York, NY 10017, USA. info@wealthprotectionalliance.com
D035881:Compensation and Redress / Q000331:legislation & jurisprudence*; D008318:Malpractice; D012637:Security Measures; D014481:United States