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Creditor Protection for Doctors (1 viewing) (1) Guest
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TOPIC: Creditor Protection for Doctors
#1378
Samantha (User)
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Creditor Protection for Doctors 7 Months ago Karma: 2  
Physician clients want to know how their business entities should be setup so to protect themselves from frivilous claims. I dont do creditor protection work, so i am looking for advice in the forums. Recommendations?
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#1379
norton (Moderator)
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Re:Creditor Protection for Doctors 7 Months ago Karma: 0  
Their structure should likely be set up as a PC or professional corporation, just make sure they file the S-Corp election for tax purposes. The PC should provide them with the necessary protection they are looking for. If its a larger practice, 70 plus, consider the PLLC business entity, more flexible to add additional members (Professional Limited Liability Company).
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