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TOPIC: Creditor Protection for Doctors

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#1378

Samantha (User)

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Posts: 89

Creditor Protection for Doctors 5 Months, 2 Weeks 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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Posts: 83

Re:Creditor Protection for Doctors 5 Months, 2 Weeks 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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