The idea that physicians need to protect their assets from aggressive litigants is not new, but the rationale for the strategy has changed just in the last year.
New federal task forces targeting Medicare and Medicaid fraud have led to huge fines against physicians, often as a result of simple billing errors. Worse yet, at a time when malpractice insurance policies are becoming smaller, plaintiffs' malpractice awards are growing. Never before has the medical profession been so vulnerable.
Click here to download an archive of our podcast featuring Kenneth Rubinstein, senior partner at Rubinstein and Rubinstein, LLP, in New York, who discused domestic and international asset-protection strategies that can be 100% effective against all future claims -- and serve to discourage future lawsuits.
This podcast originally ran last year on Aug. 17, 2010.