September 2009

Finn M. W. Caspersen, heir to the Beneficial Corporation fortune, was a patron of Harvard and Princeton and gave away tens of millions of dollars to charity.  He was active in New Jersey politics.  Mr. Caspersen served on the Dean’s Advisory Council at Harvard Law School.  As Lynnley Browning wrote in the New York Times

Whether you are a physician in private practice or working for a hospital or other health care organization, you should consider some basic steps to protect your assets.  Here are a few suggestions:

  1. Maximize contributions to IRA’s and other qualified plans.  Assets in IRA’s and qualified employee benefit plans are generally awarded special protection from creditors.  Many plans