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What is an Irrevocable Trust?

by Oscar

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 Can You Protect Your Child?

by Oscar

Many of our estate planning clients have children and want to protect their children.

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Although concerns vary, protecting children is a big part of estate planning.

When parents have small child, housing planning is very important. This allows parents to choose guardians for their children. This will ensure that they have peace of mind knowing who will be looking after their little ones.

This will also prevent court battles over

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What You Need To Know About Licenses and Credentials

by Oscar

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 to Quit Smoking – Natural Ways to Maintain Excellent Health

by Oscar

Smoking is the single leading cause of death from cancer. It is a fact that smoking causes severe complications to our health which can eventually lead to our own premature death. In fact, adult male and female smokers lose many years of their lives. However, regular smoking does not lead to instant death but causes a very slow and painful death through diseases like emphysema, blood clots, tuberculosis and many more. In light of these facts, it is a very wise decision to quit smoking and start living a very healthy and long life with your family.

NO SMOKING

Effective Tips That

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Can Your Practice Reach a Data Breach?

by Oscar

Probably not.

A recent study found that the average total cost of a healthcare breach is $10.10 million.

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Could your health care practice be in violation? Most healthcare entities cannot.

Since 2020, healthcare breach costs have increased by 42%.

As we know health care abuses don’t stop, it’s important to understand the trends.

Trends that have emerged over the last few years are:

  1. Repeat attack. Many healthcare entities have
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I Don’t Have a Housing Plan…Right?

by Oscar

Whether you have a written estate plan or not, you do have an inheritance plan. The laws of the state where you live will make decisions about your estate if you don’t have a written plan.

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If you don’t have a written inheritance plan, it’s important to know what your state’s intestation laws are so you know what will happen to your assets if you die.

Most people would rather make

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What is Probate?

by Oscar

A will is the court process that your inheritance will go through after you die. The probate court will distribute your estate and make decisions about your estate.

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Many of our clients come to us with no understanding of wills or have had bad experiences with probate courts and wish to retain their estate from a will.

If you die without a written estate plan, your estate must go through a …

Does Your Compliance Plan Protect You?

by Oscar

A health care compliance plan is critical to ensuring your practice follows the law. Your adherence plan can keep your practice out of trouble.

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Recent enforcement actions highlight the need for an effective and updated compliance plan.

A doctor in Arkansas has been sentenced to 102 months in prison and paid more than $4.63 million in damages. Upon release from prison, he will undergo supervised release for three (3) years. He

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