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Can You Protect Your Child’s Inheritance From Their Spouse?

Can You Protect Your Child’s Inheritance From Their Spouse?

by bedeh

Many of our clients want to plan for their children’s future, when drawing up their estate plans. However, some of our clients are concerned about their child’s spouse accessing inheritance.

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While every client has different concerns and requires customized estate planning, one question we often hear has to do with protecting the inheritance of their spouse’s children.

So can inheritance be protected from your child’s spouse?

Yes, there are many ways

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What is an Irrevocable Trust?

What is an Irrevocable Trust?

by bedeh

Trusts are estate planning tools that allow an individual to control their assets for the duration of their life and make provisions for disability and death. Many trusts are revocable, however, a noncancelable trustee can be a very useful way to plan for your future.

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One thing you should know about irrevocable trusts is that, unlike a perpetual or revocable trust, irrevocable trust cannot be changed or changed. They are

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How Do I Update My Compliance Risk Assessment?

How Do I Update My Compliance Risk Assessment?

by bedeh

Compliance Risk Assessment is very important in healthcare practice. When used properly, they can save the entity from fines, trouble, and consequences.

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While nearly everyone is familiar with the HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment.

Compliance Risk Assessment is the process of a healthcare entity to determine what risks exist, evaluate potential risks, and focus resources on addressing the most significant risks.

Compliance Risk

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Are You Ready for an Audit?

Are You Ready for an Audit?

by bedeh

The Federal Government continually audits healthcare entities. The recent Michigan settlement resulted in prison terms and hefty payments for violations of the False Claims Act.

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If your compliance plan needs updating, now is the time.

You want to make sure that your practice is protected so you don’t end up in the same situation as a vascular surgeon from Bay City, Michigan.

A vascular surgeon was sentenced 80 months in prison…

Why Should I Not Use an Online Will?

Why Should I Not Use an Online Will?

by bedeh

Online wills often do more harm than good. Many people look to the internet when preparing estate planning documents, such as wills and trusts, but it can set you up for disaster.

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Online wills are often ‘one-size-fits-all’ documents that don’t take your particular situation into account. Sometimes, they don’t take into account the current laws in your state.

These documents may even be illegal and can lead to problems and misunderstandings

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What You Need To Know About Licenses and Credentials

What You Need To Know About Licenses and Credentials

by bedeh

Many of our clients have questions or concerns regarding their licenses or credentials. New doctors and doctors who have been practicing for many years can face problems with their medical license. We help our clients work to get the answers and results they need.

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Depending on the issues you may be having, there are several different approaches one can take in dealing with the Professional Licensing Bureau and the Board regarding

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How Do I Quit My Non-Competition?

How Do I Quit My Non-Competition?

by bedeh

In healthcare, there has been a major expansion in non-competitive clauses. Many of our clients want to find a way out of their non-competition clause when looking to leave their current job.

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The first way to avoid non-compete clause violations is to have your attorney negotiate a no-non-compete clause contract before starting your work.

Sometimes, non-compete clauses are unavoidable. So what can you do in that situation?

  1. Make sure you understand
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Does Divorce Change My Treasure Plans?

Does Divorce Change My Treasure Plans?

by bedeh

Yes! Even if you don’t have a written estate plan, you do have an inheritance plan under your state’s laws. If you divorce, the nature of your inheritance plans will change.

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If you have a written inheritance plan and are divorced, once your divorce is final, you will need to update your plan.

It’s likely that your divorce could change things like:

  • official Name,
  • Guardian,
  • Benefit recipients,
  • power of attorney, and
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