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Top 7 Asset Protection Misconceptions For Physicians
The purpose of this article is to debunk some of the commonly held myths about asset protection and to motivate the reader to take some basic, inexpensive steps to learn…
The 6 Most Common Mistakes Physicians Make Protecting Their Assets
You worked hard to get where you are! The thought of losing it all to a malpractice or accident leads to many sleepless nights (or should). 1. Not Having Enough…
The 6 Must Know Asset Protection Measures for Physicians
1. Form a Professional Corporation Professional Corporations do not offer professional liability asset protection. They do not protect you if you remove the wrong kidney. However, they can still provide…
An Asset Protection Warning for Doctors
The (not so) Magic Umbrella Policy I was recently contacted by a physician with seven figures in exposed home equity and other significant assets from a state with less than…
#1 Myth Of Asset Protection: Why You Can Lose Assets In A Medical Malpractice Lawsuit
The thinking of many physicians around the country, and unfortunately their advisors as well, is that there is little to any risk of a physician losing their personal assets in…
What Parents Of Children With Disabilities Should Know
Some major things to know when estate planning with a disabled child… Do you have a will or living trust? Have you selected a guardian for your minor children? For…
7 Key Things When Making A Plan For A Child With Disabilities
Planning ahead seems daunting – but if you take it step by step, it is really not so bad! Step 1 – Future Planning For Your Child: How do you…
Why DIY Estate Planning Could Cost You And Your Heirs Thousands…
You should not sacrifice great planning for a supposed money-saving deal which likely won’t work and will cost you or your heirs thousands. Six Reasons Not To Do Your Planning…
Leave Assets To A Second Spouse When You Have Children From A Prior Marriage The Right Way
How do you ensure that both your new spouse and your children from your first marriage receive an inheritance? In this day and age, it is not uncommon to remarry…