Guest guest Posted October 10, 2004 Report Share Posted October 10, 2004 Yes, we are in a legalistic society. I am not a lawyer, but I do believe that in the unlikely event that I am sued that they can come after everything that I have b/c I am set-up as a sole proprietorship and that’s the definition, everything’s at stake. In Christ, , FCP From: pkkeithly Sent: Sunday, October 10, 2004 5:24 PM To: nfpprofessionals Subject: Re:Liability Issues What are the liability issues for Natural Family Planning Practitioners. We were told in our EPI to " Just do good solid teaching and you won't have anything to worry about " . But as anyone in the medical field can attest to, people sue. Sometimes when good solid care/instruction was provided. Is anyone else concerned about this? Is there any liability insurance available for the NFP teacher? I have recently started my own FertilityCare center. Could someone come after my personal assets if they were to make a claim against me? I hope I don't sound paranoid, but this is something that has concerned me for quite a while. Paige ly, PhD Re: Re: short luteal phase problem Hi, THanks so much for responding to my question about this! Warmly, Pam Pilch, J.D., LCCE Billings Method Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 10, 2004 Report Share Posted October 10, 2004 Although I have no formal legal background, I have been in active ob/gyn practice and, unfortunately, have been on the receiving end of several malpractice suits (all of which were settled out of court on my behalf); my guess would be that, like a teacher, if one is offering instruction only I don’t see where there is potential liability, but, if one is offering a service that could be conceived as “healthcare” or a service re: fertility services, then I suppose there is the possibility of litigation and then one’s assets could be in jeopardy. One could consider a liability rider on one’s homeowners; one the other hand we are doing God’s work and can leave it to Him to handle. Anybody can sue anybody for anything and there is nothing that anyone can do about that, but change the spirit of our current culture! Les Ruppersberger, D.O. -----Original Message----- From: pkkeithly Sent: Sunday, October 10, 2004 5:24 PM To: nfpprofessionals Subject: Re:Liability Issues What are the liability issues for Natural Family Planning Practitioners. We were told in our EPI to " Just do good solid teaching and you won't have anything to worry about " . But as anyone in the medical field can attest to, people sue. Sometimes when good solid care/instruction was provided. Is anyone else concerned about this? Is there any liability insurance available for the NFP teacher? I have recently started my own FertilityCare center. Could someone come after my personal assets if they were to make a claim against me? I hope I don't sound paranoid, but this is something that has concerned me for quite a while. Paige ly, PhD ----- Original Message ----- From: PILCHJOHN6@... To: nfpprofessionals Sent: Sunday, October 10, 2004 3:26 PM Subject: Re: Re: short luteal phase problem Hi, THanks so much for responding to my question about this! Warmly, Pam Pilch, J.D., LCCE Billings Method Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 11, 2004 Report Share Posted October 11, 2004 True. But this scares me more than ever because I would prefer to have my kids college fund and our retirement account around by the time we need those things. I know I should trust in God, but I also want to be smart too and ... I don't even know what to do. I think I already have a rider on my Home Owners policy because that's been the only thing I've known to do. Paige Re: Re: short luteal phase problem Hi, THanks so much for responding to my question about this! Warmly, Pam Pilch, J.D., LCCE Billings Method Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 11, 2004 Report Share Posted October 11, 2004 So, is there a better way to be set up than as a sole proprietor? What would you business people out there recommend? Any lawyers in the group? SInce I'm out on my own and not affiliated with a church or the Diocese, what is the best option for me? Paige Re: Re: short luteal phase problem Hi, THanks so much for responding to my question about this! Warmly, Pam Pilch, J.D., LCCE Billings Method Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 11, 2004 Report Share Posted October 11, 2004 I don't know what the rules are in your state, but in my state, a limited liability company is designed to give similar legal protections of a corporation but you can choose to file taxes as a partnership or I assume, sole proprietor, so it is less complicated than a corporation. you should look into that if you have concerns. I'm not an attorney, but have an LLC for my business of construction contracting. a Johannes pkkeithly wrote: > So, is there a better way to be set up than as a sole proprietor? What > would you business people out there recommend? Any lawyers in the > group? SInce I'm out on my own and not affiliated with a church or the > Diocese, what is the best option for me? > Paige > > Re: Re: short luteal phase problem > > > > Hi, > > > > THanks so much for responding to my question about this! > > Warmly, > > > > Pam Pilch, J.D., LCCE > > Billings Method > > > > > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 11, 2004 Report Share Posted October 11, 2004 Paige: My husband and I own our own business, and we set ourselves up as an S-corp, (small business corporation), which has the ease of being a sole-proprieter but includes the protection of being a full-fledged corporation. An LLC works the same way, except if you ever want to become a full-fledged corporation some day, an S-corp can be easily converted, but an LLC must be dissolved and re-established legally as a corporation. Our personal assets are protected, and the company pays my husband and I each a salary. I think it cost us $200 or $300 to have a small business lawyer get us set up, and then we also met with a business tax advisor a few times to make sure we were doing everything right tax-wise. Hope this helps! Kim Re: Re:Liability Issues So, is there a better way to be set up than as a sole proprietor? What would you business people out there recommend? Any lawyers in the group? SInce I'm out on my own and not affiliated with a church or the Diocese, what is the best option for me? Paige Re: Re: short luteal phase problem Hi, THanks so much for responding to my question about this! Warmly, Pam Pilch, J.D., LCCE Billings Method Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 11, 2004 Report Share Posted October 11, 2004 Paige: PS – there are also great advantages besides the personal asset protection for setting up your fertility care center as a separate entity from yourself. For example, the supplies the company purchases are tax exempt, the company can have its one health insurance policy that you are a member of as an employee, the company’s assets can be left to a spouse or children in a will, your income can be split into wages and distributions (so you pay less taxes on income) etc. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 11, 2004 Report Share Posted October 11, 2004 That helps a lot. Thanks so much for the info. Paige Re: Re: short luteal phase problem Hi, THanks so much for responding to my question about this! Warmly, Pam Pilch, J.D., LCCE Billings Method Quote Link to comment Share on other sites More sharing options...
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