Malpractice Lawsuits Can Destroy Your Medical Practice Don't Be A Target!
YOU need not have yourself, your family, or your medical practice suffer from the distresses associated with Malpractice Lawsuits!!! There is a way in which you can legally Protect YOUR Practice, Protect A$$ets, Avoid Malpractice Lawsuits, Avoid Probate, Stop Paying Outrageous Malpractice Insurance Premiums, and still have Complete Privacy.
Unfortunately the society in which we live is a society of greed, it is a frightening trend. It is also a litigious society where one thinks the easiest way to have what they want is to sue someone and take it. The most recent statistics taken from US Chamber of Commerce show that in California, 1 out of every 7 persons is subject to lawsuits; in the United States 1 out of every 4 persons is subject to lawsuits; and in Washington D.C. 1 out of every 2 persons is subject to lawsuits (no surprise here). These statistics DO NOT include Malpractice Lawsuits.
Society has come to such a point they are suing anyone for anything. The a$$ets that you have worked so hard to accumulate are not safe unless you have taken steps to protect them. A Living Will or Living Trust is of help, but at best is only protective at ones death. Worthington Group does not offer this type of trust, as we feel it does not give the protections needed.
Worthington Group, A Nevada Corporation, dba of Dominion Trust Consultants To Business and Entrepreneur, structures protective documents according to The U S Constitution, Article I Section X and IRS Code/s & Regulation/s, (7701(4) known as an Unincorporated Organization (Discretionary Trust) which completely protect YOU, YOUR FAMILY, YOUR A$$ETS, and YOUR PRACTICE.
The principal of Worthington Group has been a businessman for most of his lifetime, and has been associated with a$$et protection for many years. He is a Certified Paralegal specializing in Research.
What Can You Do If The Following Happens?
1) How do YOU protect YOURSELF if YOU are sued for $12 million, but only have $1 million in Malpractice Insurance? Answer, a Discretionary Trust.
2) How do YOU protect YOUR a$$ets when YOUR insurance company becomes insolvent? Answer, a Discretionary Trust.
3) Did YOU know that if YOU put all of YOUR a$$ets in the name of a spouse or children, that Courts can rule in favor of creditors? Answer, protect their future with a Discretionary Trust.
Transferring/conveying Legal Title of YOUR a$$ets to a trust & trustee/s. YOU legally do not own any a$$ets which could be seized or attached. Any attempts to seize a$$ets or collect on court judgments is negated, as you no longer own nor have any personal or business a$$ets.
The trusts which are constructed assume ownership and legal title to a$$ets conveyed, therefore the trust is the only entity which can be sued. Of course being sued is only effective or can come to a conclusion if collection can be accomplished. Trusts, because of their contractual nature under the United States Constitution, Article I Section X, cannot be breached nor penetrated even by court order.
At the time that a$$ets are transferred/conveyed to the trustee/s, you are immediately protected. You can be appointed by the Board of Trustee/s as Manager of the Discretionary Trust, with certain authority and responsibility. As manager You maintain certain authority of monetary aspects of the Discretionary Trust. As manager/s, you can write checks to pay ‘trust’ obligations etc., as trustee/s have given you authority in this area.
One thing you do not need, is to be misdirected from your calling as a medical professional, or to have your family’s livelihood taken away or jeopardized by some suit happy individual or corporation.
4) Did YOU know YOU may also protect YOURSELF with Captive Insurance? Answer, add additional protection with Captive Insurance.
Question, what is Captive Insurance? A Captive Insurance Company is an entity organized primarily to provide insurance for its owners or an affinity group of insured clients. This is accomplished by assuming all or part of its owner’s exposure to financial loss as either direct insurance or reinsurance. Captive Insurance may have either one single parent stockholder, (Pure Captive) or many unrelated stockholders, (Association Captive). In both situations the Captive Insurance provides initial insurance or reinsurance for its owners.
EXAMPLE: Allstate Insurance Company was once a Captive Insurance Company originally organized to provide insurance for its parent, Sears & Roebuck. Belefonte Insurance Company was once a Captive Insurance Company formed years ago to provide insurance for its parent, Armco Steel.
When a Captive Insurance Company begins to provide insurance or reinsurance for non-owners, the Captive Insurance Company becomes a senior or profit center type Captive Insurance Company.
Is this now starting to make sense to the reader? Would it not be something a single Medical Professional or a group of Medical Professionals could effectively engage in?
It is hoped that you as a medical professional have never had to experience the trauma and expense of a Malpractice Lawsuit, but if you have, we can still help. It is never too early but sure can be too late. Worthington Group invites those Medical Professionals who realize they need help in this arena along with a$$et protection to immediately call 800-949-2933 for more details, ask for Bob or Craig. YOU cannot afford to ignore these facts, YOURS’ and YOUR FAMILY’S future is at risk. This information is not meant to be legal advice. If you have additional questions regarding legal issues contact legal counsel.
Write Protected 94, Future, Updated 2002 Worthington Group
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